Uniform Commercial Code - As introduced, changes, from the local law of the securities intermediary's jurisdiction to the law of this state, the law governing certain aspects of an investment security transaction; makes other related changes. - Amends TCA Title 47.

HB 443 amends Tennessee's Uniform Commercial Code to change the governing law for certain financial transactions from the law of the securities intermediary's location to Tennessee law. This affects securities intermediaries (like banks and brokers) handling investment security and commodity transactions within the state, as well as the investors and creditors involved. Key provisions remove references to the intermediary's local jurisdiction, clarify that Tennessee law determines priority when an intermediary cannot cover all claims, and update related sections. The bill also deletes outdated subsections and adjusts provisions for commodity accounts. These changes will take effect on July 1, 2025.