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.

SB 2214 amends Tennessee's Uniform Commercial Code to change which state law governs certain investment security transactions. It shifts the governing law from "the local law of the securities intermediary's jurisdiction" to "the law of this state" (Tennessee) for these transactions, directly affecting securities intermediaries (like banks or brokers) operating in Tennessee and their clients. Key provisions include removing prior jurisdictional rules, updating priority rules for claims between entitlement holders and creditors (Section 47-8-511), and modifying similar rules for commodity contracts. The changes simplify legal rules for investment transactions within Tennessee, taking effect July 1, 2026.