Tennessee § 56-59-107 - Lease or sale associated with a commercial transaction — Applicability of specified sections.
Full text of Tennessee Tennessee Code Annotated § 56-59-107 — Lease or sale associated with a commercial transaction — Applicability of specified sections., with citation guidance and answers to common questions.
§ 56-59-107. Lease or sale associated with a commercial transaction — Applicability of specified sections.
Sections 56-59-103(c), 56-59-105 and 56-59-108 are not applicable to a GAP waiver offered in connection with a lease or sale associated with a commercial transaction. For purposes of subsection (a), “commercial transaction” means a transaction involving the sale or lease of a motor vehicle that is intended or will be used primarily for a purpose other than personal, family or household use. Acts 2008, ch. 1055, § 8. Compiler's Notes. Acts 2008, ch. 1055, § 11 provided that the commissioner may adopt administrative rules and regulations consistent with this chapter as are necessary to implement the provisions of this act. The rules and regulations shall be adopted in accordance with the Uniform Administrative Procedures Act, compiled in title 4, chapter 5.
Source: official Tennessee text · Last verified 2026-08-27
Frequently Asked Questions About Tennessee § 56-59-107
What does Tennessee Code Annotated § 56-59-107 cover?
Section 56-59-107 ("Lease or sale associated with a commercial transaction — Applicability of specified sections.") is part of the Tennessee Code Annotated, the codified statutory law of Tennessee. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Tennessee § 56-59-107?
A common citation format is "Tennessee Code Annotated § 56-59-107" (Tennessee). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Tennessee law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Tennessee official source linked on this page or consult a licensed Tennessee attorney.
How does Tennessee § 56-59-107 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Tennessee can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Tennessee.