Tennessee § 47-2-724 - Admissibility of market quotations.
Full text of Tennessee Tennessee Code Annotated § 47-2-724 — Admissibility of market quotations., with citation guidance and answers to common questions.
§ 47-2-724. Admissibility of market quotations.
Whenever the prevailing price or value of any goods regularly bought and sold in any established commodity market is in issue, reports in official publications or trade journals or in newspapers or periodicals of general circulation published as the reports of such market shall be admissible in evidence. The circumstances of the preparation of such a report may be shown to affect its weight but not its admissibility. Acts 1963, ch. 81, § 1 (2-724). Textbooks. Tennessee Law of Evidence (2nd ed., Cohen, Paine and Sheppeard), Rule 803(17); § 803(17).1. Rule Reference. This section is referred to in the Advisory Commission Comments under Rule 803 of the Tennessee Rules of Evidence. Law Reviews. Commercial Reasonableness Under the Uniform Commercial Code (Thomas L. Rasnic), 33 Tenn. L. Rev. 211.
Source: official Tennessee text · Last verified 2026-08-27
Frequently Asked Questions About Tennessee § 47-2-724
What does Tennessee Code Annotated § 47-2-724 cover?
Section 47-2-724 ("Admissibility of market quotations.") is part of the Tennessee Code Annotated, the codified statutory law of Tennessee. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Tennessee § 47-2-724?
A common citation format is "Tennessee Code Annotated § 47-2-724" (Tennessee). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Tennessee law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Tennessee official source linked on this page or consult a licensed Tennessee attorney.
How does Tennessee § 47-2-724 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Tennessee can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Tennessee.