Tennessee § 47-9-702 - Savings clause.
Full text of Tennessee Tennessee Code Annotated § 47-9-702 — Savings clause., with citation guidance and answers to common questions.
§ 47-9-702. Savings clause.
Pre-effective-date transactions or liens. Except as otherwise provided in this part, this act applies to a transaction or lien within its scope, even if the transaction or lien was entered into or created before this act takes effect. Continuing validity. Except as otherwise provided in subsection (c) and §§ 47-9-703 through 47-9-709: transactions and liens that were not governed by former Chapter 9, were validly entered into or created before July 1, 2001, and would be subject to this act if they had been entered into or created after this act takes effect, and the rights, duties, and interests flowing from those transactions and liens remain valid after July 1, 2001; and the transactions and liens may be terminated, completed, consummated, and enforced as required or permitted by this act or by the law that otherwise would apply if this act had not taken effect. Pre-effective-date proceedings. This act does not affect an action, case, or proceeding commenced before July 1, 2001. Acts 2000, ch. 846, § 1.
Frequently Asked Questions About Tennessee § 47-9-702
What does Tennessee Code Annotated § 47-9-702 cover?
Section 47-9-702 ("Savings clause.") 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 § 47-9-702?
A common citation format is "Tennessee Code Annotated § 47-9-702" (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 § 47-9-702 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.