When the assets of a commercial pest control operation that issues wood destroying insect infestation inspection reports or performs other services relating to wood destroying organisms are sold or transferred or any servicing or financing rights are transferred, any contracts for wood destroying insect infestation inspections or other services that are a part of the assets or that are subject to such servicing or financing rights shall be enforceable against the persons or entities to which the assets, servicing or financing rights are transferred.
T.C.A. § 62-21-204