Tennessee § 47-9-106 - Control of investment property.

Full text of Tennessee Tennessee Code Annotated § 47-9-106 — Control of investment property., with citation guidance and answers to common questions.

§ 47-9-106. Control of investment property.

Control under 47-8-106. A person has control of a certificated security, uncertificated security, or security entitlement as provided in § 47-8-106. Control of commodity contract. A secured party has control of a commodity contract if: the secured party is the commodity intermediary with which the commodity contract is carried; or the commodity customer, secured party, and commodity intermediary have agreed that the commodity intermediary will apply any value distributed on account of the commodity contract as directed by the secured party without further consent by the commodity customer. Effect of control of securities account or commodity account. A secured party having control of all security entitlements or commodity contracts carried in a securities account or commodity account has control over the securities account or commodity account. Acts 2000, ch. 846, § 1.

Source: official Tennessee text · Last verified 2026-08-27

Frequently Asked Questions About Tennessee § 47-9-106

What does Tennessee Code Annotated § 47-9-106 cover?

Section 47-9-106 ("Control of investment property.") 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 § 47-9-106?

A common citation format is "Tennessee Code Annotated § 47-9-106" (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 § 47-9-106 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.