SB 2214
AN ACT to amend Tennessee Code Annotated, Title 47, relative to the Uniform Commercial Code.
Jurisdiction
Tennessee
Session
114th General Assembly
Last updated at
Jun 13, 2026, 8:50 AM
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Sign in to take action- Introduced
- Passed Senate
- Passed House
- To Governor
- Became Law
Bill overview
This bill modifies the Uniform Commercial Code in Tennessee, specifically addressing how laws related to securities intermediaries and commodity contracts are applied. It changes the legal jurisdiction for certain financial transactions, shifting the governing law from the intermediary’s location to Tennessee’s laws. The amendments clarify priority rules for claims related to financial assets and commodity contracts, and adjust provisions regarding the effect of perfection and priority of security interests.
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