A rule adopted by a clearing corporation governing rights and obligations among the clearing corporation and its participants in the clearing corporation is effective even if the rule conflicts with this chapter and affects another party who does not consent to the rule.
Tenn. Code Ann. § 47-8-111
Clearing corporation rules
Known as the Uniform Commercial Code
The act spans §§ 47–47 (578 sections).
Acts 1997, ch. 79, § 1.
Current official text: Tennessee Code (LexisNexis). Digitized from the UniCourt Code Improvement Commission public-domain capture. Reproduced from public-domain Tennessee statutes; confirm against the official source for the current text. Not legal advice.