Tennessee Senate Bill 544: Uniform Commercial Code - As enacted, specifies that a filing office in receipt of a petition for review filed by a secured party contesting a public official's affidavit that a financing statement was filed without legal cause submit the UCC financing statement that is the subject of the petition and the notarized affidavit of the public official to the administrative procedures division of the office of the secretary of state, in addition to the existing requirement that the petition itself be submitted; requires the prevailing party in the contested case hearing to provide the filing office with a copy of the administrative law judge's determination. - Amends TCA Title 47.

Tennessee · 114 session

Status: Introduced

What it does

As enacted, specifies that a filing office in receipt of a petition for review filed by a secured party contesting a public official's affidavit that a financing statement was filed without legal cause submit the UCC financing statement that is the subject of the petition and the notarized affidavit of the public official to the administrative procedures division of the office of the secretary of state, in addition to the existing requirement that the petition itself be submitted; requires the prevailing party in the contested case hearing to provide the filing office with a copy of the administrative law judge's determination. - Amends TCA Title 47.

Latest action

Pub. Ch. 171 (2025-04-30)

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