Tenn. Code Ann. § 62-6-133: Acts prohibited by residential contractor - Conflicts of interest

(a) The following acts are prohibited by a residential contractor: (1) Having a controlling ownership interest in the lender providing a mortgage loan for home improvement for the work being performed by the contractor; or (2) Being a cosigner or acting as a guarantor for a mortgage loan for home improvement. (b) As used in this section, "mortgage loan for home improvement" shall have the same meaning as defined in § 45-13-403(c) . Acts 2003 , ch. 368, § 3.

(a) The following acts are prohibited by a residential contractor: (1) Having a controlling ownership interest in the lender providing a mortgage loan for home improvement for the work being performed by the contractor; or (2) Being a cosigner or acting as a guarantor for a mortgage loan for home improvement.

(1) Having a controlling ownership interest in the lender providing a mortgage loan for home improvement for the work being performed by the contractor; or

(2) Being a cosigner or acting as a guarantor for a mortgage loan for home improvement.

(b) As used in this section, "mortgage loan for home improvement" shall have the same meaning as defined in § 45-13-403(c) .