Uniform Commercial Code

Tennessee · Commercial Instruments And Transactions · §§ 47-1-101 to 47-9-809 · 578 sections

Overview

The Uniform Commercial Code governs commercial transactions, with the provisions here covering the sale of goods and the treatment of certain electronic records that function as payment or account rights. For sales, it supplies default rules that fill gaps in contracts — price, delivery, timing, and payment terms — alongside requirements for contract formation and modification, a statute of frauds, limits on the use of extrinsic evidence, and rules on when acceptance with added terms creates a binding agreement. It also establishes warranties that attach to a sale, including title, express warranties created by description or sample, and implied warranties of merchantability and fitness for a particular purpose, and it empowers courts to refuse enforcement of unconscionable terms.

Editorial summary generated from the text of this act. It is not part of the statute — read the sections below for the operative language.

In the courts

Sections of this act have been cited in 483 court decisions.

Most-cited authority: 204 CONN 399 - Zichichi v. Middlesex Memorial Hospital

Sections covered

Showing the first 400 of 578 sections — browse the full code.

Tenn. Code Ann. § 47-1-101Short title1 cite
Tenn. Code Ann. § 47-2-101Short title7 cites
Tenn. Code Ann. § 47-2-102Scope — Certain security and other transactions excluded from this chapter4 cites
Tenn. Code Ann. § 47-2-103Definitions and index of definitions6 cites
Tenn. Code Ann. § 47-2-104Definitions — “Merchant” — “Between merchants” — “Financing agency.”6 cites
Tenn. Code Ann. § 47-2-105Definitions — Transferability — “Goods” — “Future goods” — “Lot” — “Commercial unit.”7 cites
Tenn. Code Ann. § 47-2-106Definitions — “Contract” — “Agreement” — “Contract for sale” — “Sale” — “Present sale” — “Conforming to contract” — “Termination” — “Cancellation.”7 cites
Tenn. Code Ann. § 47-2-107Goods to be severed from realty — Recording
Tenn. Code Ann. § 47-2-201Formal requirements — Statute of frauds7 cites
Tenn. Code Ann. § 47-2-202Final written expression — Parol or extrinsic evidence7 cites
Tenn. Code Ann. § 47-2-203Seals inoperative
Tenn. Code Ann. § 47-2-204Formation in general4 cites
Tenn. Code Ann. § 47-2-205Firm offers
Tenn. Code Ann. § 47-2-206Offer and acceptance in formation of contract
Tenn. Code Ann. § 47-2-207Additional terms in acceptance or confirmation6 cites
Tenn. Code Ann. § 47-2-208[Repealed.]
Tenn. Code Ann. § 47-2-209Modification, rescission and waiver5 cites
Tenn. Code Ann. § 47-2-210Delegation of performance — Assignment of rights
Tenn. Code Ann. § 47-2-301General obligation of parties3 cites
Tenn. Code Ann. § 47-2-302Unconscionable contract or clause2 cites
Tenn. Code Ann. § 47-2-303Allocation or division of risks
Tenn. Code Ann. § 47-2-304Price payable in money, goods, realty, or otherwise2 cites
Tenn. Code Ann. § 47-2-305Open price term2 cites
Tenn. Code Ann. § 47-2-306Output, requirements and exclusive dealings
Tenn. Code Ann. § 47-2-307Delivery in single lot or several lots
Tenn. Code Ann. § 47-2-308Absence of specified place for delivery
Tenn. Code Ann. § 47-2-309Absence of specific time provisions — Notice of termination1 cite
Tenn. Code Ann. § 47-2-310Open time for payment or running of credit — Authority to ship under reservation
Tenn. Code Ann. § 47-2-311Options and cooperation respecting performance1 cite
Tenn. Code Ann. § 47-2-312Warranty of title and against infringement — Buyer's obligation against infringement
Tenn. Code Ann. § 47-2-313Express warranties by affirmation, promise, description, sample13 cites
Tenn. Code Ann. § 47-2-314Implied warranty — Merchantability — Usage of trade13 cites
Tenn. Code Ann. § 47-2-315Implied warranty — Fitness for particular purpose — Exception for certain livestock6 cites
Tenn. Code Ann. § 47-2-316Exclusion or modification of warranties17 cites
Tenn. Code Ann. § 47-2-317Cumulation and conflict of warranties express or implied1 cite
Tenn. Code Ann. § 47-2-318Third party beneficiaries of warranties express or implied2 cites
Tenn. Code Ann. § 47-2-319O.B. and F.A.S. terms1 cite
Tenn. Code Ann. § 47-2-320I.F. and C. & F. terms
Tenn. Code Ann. § 47-2-321I.F. or C. & F. — “Net landed weights” — “Payment on arrival” — Warranty of condition on arrival
Tenn. Code Ann. § 47-2-322Delivery “ex-ship.”
Tenn. Code Ann. § 47-2-323Form of bill of lading required in overseas shipment — “Overseas.”
Tenn. Code Ann. § 47-2-324“No arrival, no sale” term
Tenn. Code Ann. § 47-2-325“Letter of credit” term — “Confirmed credit.”
Tenn. Code Ann. § 47-2-326Sale on approval and sale or return — Consignment sales and rights of creditors6 cites
Tenn. Code Ann. § 47-2-327Special incidents of sale on approval and sale or return
Tenn. Code Ann. § 47-2-328Sale by auction
Tenn. Code Ann. § 47-2-401Passing of title — Reservation for security — Limited application of this section13 cites
Tenn. Code Ann. § 47-2-402Rights of seller's creditors against sold goods
Tenn. Code Ann. § 47-2-403Power to transfer — Good faith purchase of goods — “Entrusting.”4 cites
Tenn. Code Ann. § 47-2-501Insurable interest in goods — Manner of identification of goods2 cites
Tenn. Code Ann. § 47-2-502Buyer's right to goods on seller's insolvency1 cite
Tenn. Code Ann. § 47-2-503Manner of seller's tender of delivery
Tenn. Code Ann. § 47-2-504Shipment by seller
Tenn. Code Ann. § 47-2-505Seller's shipment under reservation
Tenn. Code Ann. § 47-2-506Rights of financing agency
Tenn. Code Ann. § 47-2-507Effect of seller's tender — Delivery on condition3 cites
Tenn. Code Ann. § 47-2-508Cure by seller of improper tender or delivery — Replacement
Tenn. Code Ann. § 47-2-509Risk of loss in the absence of breach1 cite
Tenn. Code Ann. § 47-2-510Effect of breach on risk of loss1 cite
Tenn. Code Ann. § 47-2-511Tender of payment by buyer — Payment by check
Tenn. Code Ann. § 47-2-512Payment by buyer before inspection
Tenn. Code Ann. § 47-2-513Buyer's right to inspection of goods1 cite
Tenn. Code Ann. § 47-2-514When documents deliverable on acceptance — When on payment
Tenn. Code Ann. § 47-2-515Preserving evidence of goods in dispute
Tenn. Code Ann. § 47-2-601Buyer's rights on improper delivery2 cites
Tenn. Code Ann. § 47-2-602Manner and effect of rightful rejection2 cites
Tenn. Code Ann. § 47-2-603Merchant buyer's duties as to rightfully rejected goods1 cite
Tenn. Code Ann. § 47-2-604Buyer's options as to salvage of rightfully rejected goods
Tenn. Code Ann. § 47-2-605Waiver of buyer's objections by failure to particularize
Tenn. Code Ann. § 47-2-606What constitutes acceptance of goods4 cites
Tenn. Code Ann. § 47-2-607Effect of acceptance — Notice of breach — Burden of establishing breach after acceptance — Notice of claim or litigation to person answerable over9 cites
Tenn. Code Ann. § 47-2-608Revocation of acceptance in whole or in part7 cites
Tenn. Code Ann. § 47-2-609Right to adequate assurance of performance2 cites
Tenn. Code Ann. § 47-2-610Anticipatory repudiation
Tenn. Code Ann. § 47-2-611Retraction of anticipatory repudiation
Tenn. Code Ann. § 47-2-612“Installment contract” — Breach1 cite
Tenn. Code Ann. § 47-2-613Casualty to identified goods
Tenn. Code Ann. § 47-2-614Substituted performance
Tenn. Code Ann. § 47-2-615Excuse by failure of presupposed conditions
Tenn. Code Ann. § 47-2-616Procedure on notice claiming excuse
Tenn. Code Ann. § 47-2-701Remedies for breach of collateral contracts not impaired
Tenn. Code Ann. § 47-2-702Seller's remedies on discovery of buyer's insolvency3 cites
Tenn. Code Ann. § 47-2-703Seller's remedies in general
Tenn. Code Ann. § 47-2-704Seller's right to identify goods to the contract notwithstanding breach or to salvage unfinished goods
Tenn. Code Ann. § 47-2-705Seller's stoppage of delivery in transit or otherwise
Tenn. Code Ann. § 47-2-706Seller's resale including contract for resale1 cite
Tenn. Code Ann. § 47-2-707“Person in the position of a seller”
Tenn. Code Ann. § 47-2-708Seller's damages for nonacceptance or repudiation2 cites
Tenn. Code Ann. § 47-2-709Action for the price1 cite
Tenn. Code Ann. § 47-2-710Seller's incidental damages
Tenn. Code Ann. § 47-2-711Buyer's remedies in general — Buyer's security interest in rejected goods3 cites
Tenn. Code Ann. § 47-2-712“Cover” — Buyer's procurement of substitute goods
Tenn. Code Ann. § 47-2-713Buyer's damages for nondelivery or repudiation
Tenn. Code Ann. § 47-2-714Buyer's damages for breach in regard to accepted goods4 cites
Tenn. Code Ann. § 47-2-715Buyer's incidental and consequential damages6 cites
Tenn. Code Ann. § 47-2-716Buyer's right to specific performance or replevin
Tenn. Code Ann. § 47-2-717Deduction of damages from the price
Tenn. Code Ann. § 47-2-718Liquidation or limitation of damages — Deposits
Tenn. Code Ann. § 47-2-719Contractual modification or limitation of remedy8 cites
Tenn. Code Ann. § 47-2-720Effect of “cancellation” or “rescission” on claims for antecedent breach
Tenn. Code Ann. § 47-2-721Remedies for fraud1 cite
Tenn. Code Ann. § 47-2-722Who can sue third parties for injury to goods
Tenn. Code Ann. § 47-2-723Proof of market price — Time and place
Tenn. Code Ann. § 47-2-724Admissibility of market quotations
Tenn. Code Ann. § 47-2-725Statute of limitations in contracts for sale12 cites
Tenn. Code Ann. § 47-2A-101Short title
Tenn. Code Ann. § 47-2A-102Scope1 cite
Tenn. Code Ann. § 47-2A-103Definitions and index of definitions1 cite
Tenn. Code Ann. § 47-2A-104Leases subject to other law1 cite
Tenn. Code Ann. § 47-2A-105Territorial application of chapter to goods covered by certificate of title
Tenn. Code Ann. § 47-2A-106Limitation on power of parties to consumer lease to choose applicable law and judicial forum
Tenn. Code Ann. § 47-2A-107Waiver or renunciation of claim or right after default
Tenn. Code Ann. § 47-2A-108Unconscionability
Tenn. Code Ann. § 47-2A-109Option to accelerate at will
Tenn. Code Ann. § 47-2A-110Transactions allowing adjustment of rental price upon sale or disposition
Tenn. Code Ann. § 47-2A-111Applicability of chapter
Tenn. Code Ann. § 47-2A-201Statute of frauds
Tenn. Code Ann. § 47-2A-202Final written expression: parol or extrinsic evidence
Tenn. Code Ann. § 47-2A-203Seals inoperative
Tenn. Code Ann. § 47-2A-204Formation in general
Tenn. Code Ann. § 47-2A-205Firm offers
Tenn. Code Ann. § 47-2A-206Offer and acceptance in formation of lease contract
Tenn. Code Ann. § 47-2A-207[Repealed.]
Tenn. Code Ann. § 47-2A-208Modification, rescission and waiver
Tenn. Code Ann. § 47-2A-209Lessee under finance lease as beneficiary of supply contract
Tenn. Code Ann. § 47-2A-210Express warranties
Tenn. Code Ann. § 47-2A-211Warranties against interference and against infringement — Lessee's obligation against infringement
Tenn. Code Ann. § 47-2A-212Implied warranty of merchantability1 cite
Tenn. Code Ann. § 47-2A-213Implied warranty of fitness for particular purpose
Tenn. Code Ann. § 47-2A-214Exclusion or modification of warranties
Tenn. Code Ann. § 47-2A-215Cumulation and conflict of warranties express or implied
Tenn. Code Ann. § 47-2A-216Third-party beneficiaries of express and implied warranties
Tenn. Code Ann. § 47-2A-217Identification
Tenn. Code Ann. § 47-2A-218Insurance and proceeds
Tenn. Code Ann. § 47-2A-219Risk of loss
Tenn. Code Ann. § 47-2A-220Effect of default on risk of loss
Tenn. Code Ann. § 47-2A-221Casualty to identified goods
Tenn. Code Ann. § 47-2A-301Enforceability of lease contract
Tenn. Code Ann. § 47-2A-302Title to and possession of goods
Tenn. Code Ann. § 47-2A-303Alienability of party's interest under lease contract or of lessor's residual interest in goods — Delegation of performance — Transfer of rights
Tenn. Code Ann. § 47-2A-304Subsequent lease of goods by lessor
Tenn. Code Ann. § 47-2A-305Sale or sublease of goods by lessee
Tenn. Code Ann. § 47-2A-306Priority of certain liens arising by operation of law
Tenn. Code Ann. § 47-2A-307Priority of liens arising by attachment or levy on, security interests in, and other claims to goods
Tenn. Code Ann. § 47-2A-308Special rights of creditors
Tenn. Code Ann. § 47-2A-309Lessor's and lessee's rights when goods become fixtures
Tenn. Code Ann. § 47-2A-310Lessor's and lessee's rights when goods become accessions1 cite
Tenn. Code Ann. § 47-2A-311Priority subject to subordination
Tenn. Code Ann. § 47-2A-401Insecurity — Adequate assurance of performance
Tenn. Code Ann. § 47-2A-402Anticipatory repudiation
Tenn. Code Ann. § 47-2A-403Retraction of anticipatory repudiation
Tenn. Code Ann. § 47-2A-404Substituted performance
Tenn. Code Ann. § 47-2A-405Excused performance
Tenn. Code Ann. § 47-2A-406Procedure on excused performance
Tenn. Code Ann. § 47-2A-407Irrevocable promises — Finance leases
Tenn. Code Ann. § 47-2A-501Default — Procedure
Tenn. Code Ann. § 47-2A-502Notice after default
Tenn. Code Ann. § 47-2A-503Modification or impairment of rights and remedies
Tenn. Code Ann. § 47-2A-504Liquidation of damages
Tenn. Code Ann. § 47-2A-505Cancellation and termination and effect of cancellation, termination, rescission, or fraud on rights and remedies
Tenn. Code Ann. § 47-2A-506Statute of limitations
Tenn. Code Ann. § 47-2A-507Proof of market rent — Time and place
Tenn. Code Ann. § 47-2A-508Lessee's remedies
Tenn. Code Ann. § 47-2A-509Lessee's rights on improper delivery — Rightful rejection
Tenn. Code Ann. § 47-2A-510Installment lease contracts — Rejection and default
Tenn. Code Ann. § 47-2A-511Merchant lessee's duties as to rightfully rejected goods
Tenn. Code Ann. § 47-2A-512Lessee's duties as to rightfully rejected goods
Tenn. Code Ann. § 47-2A-513Cure by lessor of improper tender or delivery — Replacement
Tenn. Code Ann. § 47-2A-514Waiver of lessee's objections
Tenn. Code Ann. § 47-2A-515Acceptance of goods
Tenn. Code Ann. § 47-2A-516Effect of acceptance of goods — Notice of default — Burden of establishing default after acceptance — Notice of claim or litigation to person answerable over
Tenn. Code Ann. § 47-2A-517Revocation of acceptance of goods
Tenn. Code Ann. § 47-2A-518Cover — Substitute goods
Tenn. Code Ann. § 47-2A-519Lessee's damages for nondelivery, repudiation, default, and breach of warranty in regard to accepted goods
Tenn. Code Ann. § 47-2A-520Lessee's incidental and consequential damages
Tenn. Code Ann. § 47-2A-521Lessee's right to specific performance or replevin
Tenn. Code Ann. § 47-2A-522Lessee's right to goods on lessor's insolvency
Tenn. Code Ann. § 47-2A-523Lessor's remedies
Tenn. Code Ann. § 47-2A-524Lessor's right to identify goods to lease contract
Tenn. Code Ann. § 47-2A-525Lessor's right to possession of goods
Tenn. Code Ann. § 47-2A-526Lessor's stoppage of delivery in transit or otherwise
Tenn. Code Ann. § 47-2A-527Lessor's rights to dispose of goods
Tenn. Code Ann. § 47-2A-528Lessor's damages for non-acceptance, failure to pay, repudiation, or other default
Tenn. Code Ann. § 47-2A-529Lessor's action for the rent
Tenn. Code Ann. § 47-2A-530Lessor's incidental damages
Tenn. Code Ann. § 47-2A-531Standing to sue third parties for injury to goods
Tenn. Code Ann. § 47-2A-532Lessor's rights to residual interest
Tenn. Code Ann. § 47-3-101Short title3 cites
Tenn. Code Ann. § 47-3-102Subject matter
Tenn. Code Ann. § 47-3-103Definitions1 cite
Tenn. Code Ann. § 47-3-104Negotiable instrument8 cites
Tenn. Code Ann. § 47-3-105Issue of instrument1 cite
Tenn. Code Ann. § 47-3-106Unconditional promise or order1 cite
Tenn. Code Ann. § 47-3-107Instrument payable in foreign money
Tenn. Code Ann. § 47-3-108Payable on demand or at definite time
Tenn. Code Ann. § 47-3-109Payable to bearer or to order
Tenn. Code Ann. § 47-3-110Identification of person to whom instrument is payable
Tenn. Code Ann. § 47-3-111Place of payment
Tenn. Code Ann. § 47-3-112Interest1 cite
Tenn. Code Ann. § 47-3-113Date of instrument1 cite
Tenn. Code Ann. § 47-3-114Contradictory terms of instrument
Tenn. Code Ann. § 47-3-115Incomplete instrument
Tenn. Code Ann. § 47-3-116Joint and several liability — Contribution
Tenn. Code Ann. § 47-3-117Other agreements affecting instrument
Tenn. Code Ann. § 47-3-118Statute of limitations2 cites
Tenn. Code Ann. § 47-3-119Notice of right to defend action
Tenn. Code Ann. § 47-3-201Negotiation4 cites
Tenn. Code Ann. § 47-3-202Negotiation subject to rescission2 cites
Tenn. Code Ann. § 47-3-203Transfer of instrument — Rights acquired by transfer4 cites
Tenn. Code Ann. § 47-3-204Endorsement4 cites
Tenn. Code Ann. § 47-3-205Special endorsement — Blank endorsement — Anomalous endorsement4 cites
Tenn. Code Ann. § 47-3-206Restrictive endorsement
Tenn. Code Ann. § 47-3-207Reacquisition
Tenn. Code Ann. § 47-3-301Person entitled to enforce instrument8 cites
Tenn. Code Ann. § 47-3-302Holder in due course3 cites
Tenn. Code Ann. § 47-3-303Value and consideration1 cite
Tenn. Code Ann. § 47-3-304Overdue instrument2 cites
Tenn. Code Ann. § 47-3-305Defenses and claims in recoupment4 cites
Tenn. Code Ann. § 47-3-306Claims to an instrument1 cite
Tenn. Code Ann. § 47-3-307Notice of breach of fiduciary duty3 cites
Tenn. Code Ann. § 47-3-308Proof of signatures and status as holder in due course1 cite
Tenn. Code Ann. § 47-3-309Enforcement of lost, destroyed, or stolen instrument1 cite
Tenn. Code Ann. § 47-3-310Effect of instrument on obligation for which taken
Tenn. Code Ann. § 47-3-311Accord and satisfaction by use of instrument1 cite
Tenn. Code Ann. § 47-3-312Lost, destroyed, or stolen cashier's check, teller's check, or certified check
Tenn. Code Ann. § 47-3-401Signature1 cite
Tenn. Code Ann. § 47-3-402Signature by representative
Tenn. Code Ann. § 47-3-403Unauthorized signature1 cite
Tenn. Code Ann. § 47-3-404Impostors — Fictitious payees
Tenn. Code Ann. § 47-3-405Employer's responsibility for fraudulent endorsement by employee3 cites
Tenn. Code Ann. § 47-3-406Negligence contributing to forged signature or alteration of instrument4 cites
Tenn. Code Ann. § 47-3-407Alteration
Tenn. Code Ann. § 47-3-408Drawee not liable on unaccepted draft
Tenn. Code Ann. § 47-3-409Acceptance of draft — Certified check
Tenn. Code Ann. § 47-3-410Acceptance varying draft
Tenn. Code Ann. § 47-3-411Refusal to pay cashier's checks, teller's checks, and certified checks
Tenn. Code Ann. § 47-3-412Obligation of issuer of note or cashier's check1 cite
Tenn. Code Ann. § 47-3-413Obligation of acceptor
Tenn. Code Ann. § 47-3-414Obligation of drawer
Tenn. Code Ann. § 47-3-415Obligation of endorser
Tenn. Code Ann. § 47-3-416Transfer warranties1 cite
Tenn. Code Ann. § 47-3-417Presentment warranties
Tenn. Code Ann. § 47-3-418Payment or acceptance by mistake1 cite
Tenn. Code Ann. § 47-3-419Instruments signed for accommodation3 cites
Tenn. Code Ann. § 47-3-420Conversion of instrument4 cites
Tenn. Code Ann. § 47-3-501Presentment3 cites
Tenn. Code Ann. § 47-3-502Dishonor1 cite
Tenn. Code Ann. § 47-3-503Notice of dishonor
Tenn. Code Ann. § 47-3-504Excused presentment and notice of dishonor
Tenn. Code Ann. § 47-3-505Evidence of dishonor
Tenn. Code Ann. § 47-3-601Discharge and effect of discharge1 cite
Tenn. Code Ann. § 47-3-602Payment1 cite
Tenn. Code Ann. § 47-3-603Tender of payment1 cite
Tenn. Code Ann. § 47-3-604Discharge by cancellation or renunciation1 cite
Tenn. Code Ann. § 47-3-605Discharge of endorsers and accommodation parties2 cites
Tenn. Code Ann. § 47-4-101Short title2 cites
Tenn. Code Ann. § 47-4-102Applicability
Tenn. Code Ann. § 47-4-103Variation by agreement; measure of damages; action constituting ordinary care2 cites
Tenn. Code Ann. § 47-4-104Definitions and index of definitions2 cites
Tenn. Code Ann. § 47-4-105“Bank” — “Depositary bank”— “Payor bank” — “Intermediary bank” — “Collecting bank”— “Presenting bank.”2 cites
Tenn. Code Ann. § 47-4-106Payable through or payable at bank — Collecting bank
Tenn. Code Ann. § 47-4-107Separate office of bank
Tenn. Code Ann. § 47-4-108Time of receipt of items
Tenn. Code Ann. § 47-4-109Delays
Tenn. Code Ann. § 47-4-110Electronic presentment
Tenn. Code Ann. § 47-4-111Statute of limitations1 cite
Tenn. Code Ann. § 47-4-201Status of collecting bank as agent and provisional status of credits — Applicability of chapter — Item endorsed “Pay Any Bank”
Tenn. Code Ann. § 47-4-202Responsibility for collection or return — When action timely1 cite
Tenn. Code Ann. § 47-4-203Effect of instructions
Tenn. Code Ann. § 47-4-204Methods of sending and presenting — Sending directly to payor bank
Tenn. Code Ann. § 47-4-205Depositary bank holder of unendorsed item1 cite
Tenn. Code Ann. § 47-4-206Transfer between banks
Tenn. Code Ann. § 47-4-207Transfer warranties
Tenn. Code Ann. § 47-4-208Presentment warranties1 cite
Tenn. Code Ann. § 47-4-209Encoding and retention warranties
Tenn. Code Ann. § 47-4-210Security interest of collecting bank in items, accompanying documents and proceeds3 cites
Tenn. Code Ann. § 47-4-211When bank gives value for purposes of holder in due course
Tenn. Code Ann. § 47-4-212Presentment by notice of item not payable by, through, or at bank — Liability of drawer or endorser
Tenn. Code Ann. § 47-4-213Medium and time of settlement by bank
Tenn. Code Ann. § 47-4-214Right of charge-back or refund — Liability of collecting bank — Return of item
Tenn. Code Ann. § 47-4-215Final payment of item by payor bank — When provisional debits and credits become final — When certain credits become available for withdrawal
Tenn. Code Ann. § 47-4-216Insolvency and preference
Tenn. Code Ann. § 47-4-301Deferred posting — Recovery of payment by return of items — Time of dishonor — Return of items by payor bank
Tenn. Code Ann. § 47-4-302Payor bank's responsibility for late return of item1 cite
Tenn. Code Ann. § 47-4-303When items subject to notice, stop-payment order, legal process, or setoff — Order in which items may be charged or certified4 cites
Tenn. Code Ann. § 47-4-401When bank may charge customer's account
Tenn. Code Ann. § 47-4-402Bank's liability to customer for wrongful dishonor — Time of determining insufficiency of account
Tenn. Code Ann. § 47-4-403Customer's right to stop payment — Burden of proof of loss1 cite
Tenn. Code Ann. § 47-4-404Bank not obliged to pay check more than six months old
Tenn. Code Ann. § 47-4-405Death or incompetence of customer
Tenn. Code Ann. § 47-4-406Customer's duty to review statements of account6 cites
Tenn. Code Ann. § 47-4-407Payor bank's right to subrogation on improper payment
Tenn. Code Ann. § 47-4-501Handling of documentary drafts; duty to send for presentment and to notify customer of dishonor
Tenn. Code Ann. § 47-4-502Presentment of “on arrival” drafts
Tenn. Code Ann. § 47-4-503Responsibility of presenting bank for documents and goods — Report of reasons for dishonor — Referee in case of need
Tenn. Code Ann. § 47-4-504Privilege of presenting bank to deal with goods — Security interest for expenses
Tenn. Code Ann. § 47-4A-101Short title1 cite
Tenn. Code Ann. § 47-4A-102Subject matter1 cite
Tenn. Code Ann. § 47-4A-103Payment order — Definitions1 cite
Tenn. Code Ann. § 47-4A-104Funds transfer — Definitions1 cite
Tenn. Code Ann. § 47-4A-105Other definitions
Tenn. Code Ann. § 47-4A-106Time payment order is received
Tenn. Code Ann. § 47-4A-107Federal reserve regulations and operating circulars
Tenn. Code Ann. § 47-4A-108Relationship to Electronic Fund Transfer Act1 cite
Tenn. Code Ann. § 47-4A-201Security procedure
Tenn. Code Ann. § 47-4A-202Authorized and verified payment orders
Tenn. Code Ann. § 47-4A-203Unenforceability of certain verified payment orders
Tenn. Code Ann. § 47-4A-204Refund of payment and duty of customer to report with respect to unauthorized payment order
Tenn. Code Ann. § 47-4A-205Erroneous payment orders
Tenn. Code Ann. § 47-4A-206Transmission of payment order through funds-transfer or other communication system
Tenn. Code Ann. § 47-4A-207Misdescription of beneficiary
Tenn. Code Ann. § 47-4A-208Misdescription of intermediary bank or beneficiary's bank
Tenn. Code Ann. § 47-4A-209Acceptance of payment order
Tenn. Code Ann. § 47-4A-210Rejection of payment order
Tenn. Code Ann. § 47-4A-211Cancellation and amendment of payment order
Tenn. Code Ann. § 47-4A-212Liability and duty of receiving bank regarding unaccepted payment order
Tenn. Code Ann. § 47-4A-301Execution and execution date1 cite
Tenn. Code Ann. § 47-4A-302Obligations of receiving bank in execution of payment order1 cite
Tenn. Code Ann. § 47-4A-303Erroneous execution of payment order
Tenn. Code Ann. § 47-4A-304Duty of sender to report erroneously executed payment order
Tenn. Code Ann. § 47-4A-305Liability for late or improper execution or failure to execute payment order1 cite
Tenn. Code Ann. § 47-4A-401Payment date
Tenn. Code Ann. § 47-4A-402Obligation of sender to pay receiving bank
Tenn. Code Ann. § 47-4A-403Payment by sender to receiving bank
Tenn. Code Ann. § 47-4A-404Obligation of beneficiary's bank to pay and give notice to beneficiary
Tenn. Code Ann. § 47-4A-405Payment by beneficiary's bank to beneficiary
Tenn. Code Ann. § 47-4A-406Payment by originator to beneficiary — Discharge of underlying obligation
Tenn. Code Ann. § 47-4A-501Variation by agreement and effect of funds-transfer system rule
Tenn. Code Ann. § 47-4A-502Creditor process served on receiving bank — Setoff by beneficiary's bank
Tenn. Code Ann. § 47-4A-503Injunction or restraining order with respect to funds transfer
Tenn. Code Ann. § 47-4A-504Order in which items and payment orders may be charged to account — Order of withdrawals from account
Tenn. Code Ann. § 47-4A-505Preclusion of objection to debit of customer's account
Tenn. Code Ann. § 47-4A-506Rate of interest
Tenn. Code Ann. § 47-4A-507Choice of law
Tenn. Code Ann. § 47-5-101Short title
Tenn. Code Ann. § 47-7-101Short title
Tenn. Code Ann. § 47-7-102Chapter definitions
Tenn. Code Ann. § 47-7-103Relation of chapter to treaty or statute
Tenn. Code Ann. § 47-7-104Negotiable and nonnegotiable document of title
Tenn. Code Ann. § 47-7-105Reissuance in alternative medium
Tenn. Code Ann. § 47-7-106Control of electronic document of title
Tenn. Code Ann. § 47-7-201Person that may issue a warehouse receipt — Storage under bond
Tenn. Code Ann. § 47-7-202Form of warehouse receipt — Effect of omission
Tenn. Code Ann. § 47-7-203Liability for nonreceipt or misdescription
Tenn. Code Ann. § 47-7-204Duty of care — Contractual limitation of warehouse's liability
Tenn. Code Ann. § 47-7-205Title under warehouse receipt defeated in certain cases
Tenn. Code Ann. § 47-7-206Termination of storage at warehouse's option
Tenn. Code Ann. § 47-7-207Goods must be kept separate — Fungible goods
Tenn. Code Ann. § 47-7-208Altered warehouse receipts
Tenn. Code Ann. § 47-7-209Lien of warehouse
Tenn. Code Ann. § 47-7-210Enforcement of warehouse's lien
Tenn. Code Ann. § 47-7-301Liability for nonreceipt or misdescription — “Said to contain” — “Shipper's weight, load, and count” — Improper handling
Tenn. Code Ann. § 47-7-302Through bills of lading and similar documents of title
Tenn. Code Ann. § 47-7-303Diversion — Reconsignment — Change of instructions
Tenn. Code Ann. § 47-7-304Tangible bills of lading in a set
Tenn. Code Ann. § 47-7-305Destination bills
Tenn. Code Ann. § 47-7-306Altered bills of lading
Tenn. Code Ann. § 47-7-307Lien of carrier
Tenn. Code Ann. § 47-7-308Enforcement of carrier's lien
Tenn. Code Ann. § 47-7-309Duty of care — Contractual limitation of carrier's liability
Tenn. Code Ann. § 47-7-401Irregularities in issue of receipt or bill or conduct of issuer
Tenn. Code Ann. § 47-7-402Duplicate document of title — Overissue
Tenn. Code Ann. § 47-7-403Obligation of bailee to deliver — Excuse
Tenn. Code Ann. § 47-7-404No liability for good-faith delivery pursuant to document of title
Tenn. Code Ann. § 47-7-501Form of negotiation and requirements of due negotiation
Tenn. Code Ann. § 47-7-502Rights acquired by due negotiation
Tenn. Code Ann. § 47-7-503Document of title to goods defeated in certain cases
Tenn. Code Ann. § 47-7-504Rights acquired in absence of due negotiation — Effect of diversion — Stoppage of delivery
Tenn. Code Ann. § 47-7-505Indorser not guarantor for other parties
Tenn. Code Ann. § 47-7-506Delivery without indorsement — Right to compel indorsement
Tenn. Code Ann. § 47-7-507Warranties on negotiation or delivery of document of title
Tenn. Code Ann. § 47-7-508Warranties of collecting bank as to documents of title
Tenn. Code Ann. § 47-7-509Adequate compliance with commercial contract
Tenn. Code Ann. § 47-7-601Lost, stolen, or destroyed documents of title
Tenn. Code Ann. § 47-7-602Judicial process against goods covered by negotiable document of title
Tenn. Code Ann. § 47-7-603Conflicting claims — Interpleader
Tenn. Code Ann. § 47-7-701Effective date
Tenn. Code Ann. § 47-7-702Repeals
Tenn. Code Ann. § 47-7-703Applicability
Tenn. Code Ann. § 47-7-704Savings clause
Tenn. Code Ann. § 47-8-101Short title1 cite
Tenn. Code Ann. § 47-8-102Definitions3 cites
Tenn. Code Ann. § 47-8-103Rules for determining whether certain obligations and interests are securities or financial assets1 cite
Tenn. Code Ann. § 47-8-104Acquisition of security or financial asset or interest therein
Tenn. Code Ann. § 47-8-105Notice of adverse claim
Tenn. Code Ann. § 47-8-106Control
Tenn. Code Ann. § 47-8-107Whether endorsement, instruction, or entitlement order is effective
Tenn. Code Ann. § 47-8-108Warranties in direct holding
Tenn. Code Ann. § 47-8-109Warranties in indirect holding
Tenn. Code Ann. § 47-8-110Applicability — Choice of law
Tenn. Code Ann. § 47-8-111Clearing corporation rules
Tenn. Code Ann. § 47-8-112Creditor's legal process
Tenn. Code Ann. § 47-8-113Statute of frauds inapplicable
Tenn. Code Ann. § 47-8-114Evidentiary rules concerning certificated securities
Tenn. Code Ann. § 47-8-115Securities intermediary and others not liable to adverse claimant
Tenn. Code Ann. § 47-8-116Securities intermediary as purchaser for value
Tenn. Code Ann. § 47-8-201Issuer
Tenn. Code Ann. § 47-8-202Issuer's responsibility and defenses — Notice of defect or defense
Tenn. Code Ann. § 47-8-203Staleness as notice of defect or defense
Tenn. Code Ann. § 47-8-204Effect of issuer's restriction on transfer

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