Bill Title: As enacted, requires courts in making equitable division of marital property to consider all relevant evidence, including valuation methods typically used with regard to such assets without regard to whether the sale of the asset is reasonably foreseeable, in determining the value of an interest in a closely held business or similar asset. - Amends TCA Title 36, Chapter 4.

Spectrum: Partisan Bill (Republican 1-0)

Status: (Passed) 2017-05-19 - Comp. became Pub. Ch. 309 [SB0424 Detail]

Text: Latest bill text (Chaptered) [PDF]

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