Tenn. Code § 47-25-1501 : COMMERCIAL INSTRUMENTS AND TRANSACTIONS — TRADE PRACTICES — FRANCHISE TERMINATIONS, NONRENEWALS OR MODIFICATIONS —25-1501 - Legislative intent TEXT PDF It is the intent of the general assembly that small businesses operating within Tennessee pursuant to franchise agreements should be provided uniform rights and procedures to prevent arbitrary and capricious business practices by franchisors seeking to terminate or modify their franchise relationships or failing to renew existing franchise relationships. T.C.A. § 47-25-1501 Acts 1989, ch. 392, § 1.