TennesseeSB 0544114th General Assembly (2025-2026)Senate

AN ACT to amend Tennessee Code Annotated, Title 47, relative to Uniform Commercial Code financing statement filings.

Sponsored By: Sponsor information unavailable

Signed by Governor

Uniform Commercial Code

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Bill Overview

Analyzed Economic Effects

1 provisions identified: 1 benefits, 0 costs, 0 mixed.

New deadlines for disputed financing filings

The law sets document-sharing rules for reviews of disputed Uniform Commercial Code financing statements in Tennessee. After receiving a review petition and cost bond, the filing office must forward the required papers within three business days. These include the petition, challenged financing statement, and public official’s notarized affidavit, plus a hearing request. They go to the Secretary of State’s Administrative Procedures Division. The secured party must send the filing office the judge’s determination under subsection (e)(7); the official must do so under subsection (e)(8). A secured party seeking court review of an (e)(8) determination must send the filing office its petition within seven days of filing. The law takes effect upon becoming law.

Sponsors & Cosponsors

Sponsors

There is no primary sponsor on record.

Cosponsors

There are no cosponsors for this bill.

Roll Call Votes

All Roll Calls

Yes: 37 • No: 0

Senate vote • 3/10/2025

FLOOR VOTE: Motion to Adopt 3/10/2025

Yes: 30 • No: 0

Senate vote • 3/4/2025

SENATE COMMERCE AND LABOR COMMITTEE

Yes: 7 • No: 0

Bill Text

  • Enrolled / Public Chapter

  • Fiscal Note

  • Introduced

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