Uniform Commercial Code - As enacted, specifies that a filing office in receipt of a petition for review filed by a secured party contesting a public official's affidavit that a financing statement was filed without legal cause submit the UCC financing statement that is the subject of the petition and the notarized affidavit of the public official to the administrative procedures division of the office of the secretary of state, in addition to the existing requirement that the petition itself be submitted; requires the prevailing party in the contested case hearing to provide the filing office with a copy of the administrative law judge's determination. - Amends TCA Title 47.
SB 544 amends Tennessee's Uniform Commercial Code (UCC) to streamline the process for resolving disputes over financing statement filings. It requires filing offices (like county clerks) to send contested UCC filings, the public official's notarized affidavit, and the petition to the Secretary of State's office within three business days - adding to existing requirements. The bill also mandates that the prevailing party in such disputes provide the filing office with a copy of the administrative law judge's decision. This affects secured parties (e.g., lenders), public officials who file affidavits, and filing offices handling UCC disputes. The changes focus solely on procedural steps for administrative review, not on altering credit or legal rights.
Bill status
signed
all 5 stages cleared
Introduction
Feb 2025
Committee Review
Mar 2025
Senate Passage
Apr 2025
House Passage
Apr 2025
Signed into Law
Apr 2025
Introduced Feb 10, 2025
Signed Apr 11, 2025
Floor votes · Senate Mar 10, 2025
How they voted
35–0
Passed
Total votes 35
Mar 10, 2025
D
Democratic4
100% Yea
R
Republican31
100% Yea
Vote distribution
All Yea
All Nay
Mixed
No data
Full legislative history
Actions timeline
Total actions
20
Key actions
9
Committee
5
Apr 11, 2025
Signed into law
Signed by Governor.
lower
Apr 2, 2025
Upper · Passed
Signed by Senate Speaker
upper
Apr 2, 2025
Lower · Passed
Signed by H. Speaker
lower
Mar 31, 2025
Lower · Passed
Passed H., Ayes 93, Nays 0, PNV 2
lower
Mar 10, 2025
Upper · Passed
Passed Senate, Ayes 30, Nays 0
upper
Mar 4, 2025
Lower · Passed
Recommended for passage, refer to Senate Calendar Committee
lower
Feb 25, 2025
Lower · Passed
Action deferred in Senate Commerce and Labor Committee to 3/4/2025
lower
Feb 25, 2025
Lower · Passed
Placed on Senate Commerce and Labor Committee calendar for 3/4/2025
lower
Feb 18, 2025
Lower · Passed
Placed on Senate Commerce and Labor Committee calendar for 2/25/2025
lower
Feb 12, 2025
Committee
Passed on Second Consideration, refer to Senate Commerce and Labor Committee
upper
Feb 10, 2025
Introduced
Introduced, Passed on First Consideration
lower
1 primary · 0 co-sponsors
Sponsors
Role
Legislator
Party
State
District
P
John Stevens
RRepublican
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