Tennessee § 47-9-310 - When filing required to perfect security interest or agricultural lien — Security interests and agricultural liens to which filing provisions do not apply.

§ 47-9-310. When filing required to perfect security interest or agricultural lien — Security interests and agricultural liens to which filing provisions do not apply.

General rule: perfection by filing. Except as otherwise provided in subsection (b) and § 47-9-312(b), a financing statement must be filed to perfect all security interests and agricultural liens. Exceptions: filing not necessary. The filing of a financing statement is not necessary to perfect a security interest: that is perfected under § 47-9-308(d), (e), (f), or (g); that is perfected under § 47-9-309 when it attaches; in property subject to a statute, regulation, or treaty described in § 47-9-311(a); in goods in possession of a bailee which is perfected under § 47-9-312(d)(1) or (2); in certificated securities, documents, goods, or instruments which is perfected without filing, control or possession under § 47-9-312(e), (f), or (g); in collateral in the secured party's possession under § 47-9-313; in a certificated security which is perfected by delivery of the security certificate to the secured party under § 47-9-313; in deposit accounts, electronic chattel paper, electronic documents, investment property or letter-of-credit rights which is perfected by control under § 47-9-314; in proceeds which is perfected under § 47-9-315; or that is perfected under § 47-9-316. Assignment of perfected security interest. If a secured party assigns a perfected security interest or agricultural lien, a filing under this chapter is not required to continue the perfected status of the security interest against creditors of and transferees from the original debtor. Acts 2000, ch. 846, § 1; 2008, ch. 814, §§ 30, 31. Compiler's Notes. Former part 3, §§ 47-9-301 — 47-9-318 (Acts 1963, ch. 81, § 1 (9-301 — 9-318); 1965, ch. 86, § 1; 1967, ch. 318, § 1; 1978, ch. 773, §§ 1, 2; 1979, ch. 283, §§ 1, 2; 1983, ch. 114, §§ 1, 3[2]; 1985, ch. 404, §§ 13-22; 1986, ch. 737, §§ 48-52; 1987, ch. 102, § 1; 1997, ch. 79, §§ 7-14; 1998, ch. 675, §§ 10-12) was repealed and replaced in the revision of chapter 9 of the Uniform Commercial Code by Acts 2000, ch. 846, § 1, effective July 1, 2001. Cross-References. Transition provisions, title 47, ch. 9, part 7. Cited: Parks v. Mid-Atlantic Fin. Co., 343 S.W.3d 792, 2011 Tenn. App. LEXIS 32 (Tenn. Ct. App. Jan. 31, 2011).