Tennessee § 47-9-709 - Priority.
Full text of Tennessee Tennessee Code Annotated § 47-9-709 — Priority., with citation guidance and answers to common questions.
§ 47-9-709. Priority.
Law governing priority. This act determines the priority of conflicting claims to collateral. However, if the relative priorities of the claims were established before July 1, 2001, former Chapter 9 determines priority. Priority if security interest becomes enforceable under § 47-9-203. For purposes of § 47-9-322(a), the priority of a security interest that becomes enforceable under § 47-9-203 of this act dates from the time this act takes effect if the security interest is perfected under this act by the filing of a financing statement before July 1, 2001 which would not have been effective to perfect the security interest under former Chapter 9. This subsection (b) does not apply to conflicting security interests each of which is perfected by the filing of such a financing statement. Acts 2000, ch. 846, § 1. Cited: Auto Credit of Nashville v. Wimmer, 231 S.W.3d 896, 2007 Tenn. LEXIS 642 (Tenn. Aug. 16, 2007); Regions Bank v. Thomas, 422 S.W.3d 550, 2013 Tenn. App. LEXIS 156 (Tenn. Ct. App. Mar. 4, 2013).
Frequently Asked Questions About Tennessee § 47-9-709
What does Tennessee Code Annotated § 47-9-709 cover?
Section 47-9-709 ("Priority.") 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 § 47-9-709?
A common citation format is "Tennessee Code Annotated § 47-9-709" (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 § 47-9-709 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.