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2021 Tennessee Code
Title 47 - Commercial Instruments and Transactions
Chapter 9 - Secured Transactions
Part 5 - Filing
§ 47-9-511. Secured Party of Record
Universal Citation:
TN Code § 47-9-511 (2021)
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- Secured party of record. A secured party of record with respect to a financing statement is a person whose name is provided as the name of the secured party or a representative of the secured party in an initial financing statement that has been filed. If an initial financing statement is filed under § 47-9-514(a), the assignee named in the initial financing statement is the secured party of record with respect to the financing statement.
- Amendment naming secured party of record. If an amendment of a financing statement which provides the name of a person as a secured party or a representative of a secured party is filed, the person named in the amendment is a secured party of record. If an amendment is filed under § 47-9-514(b), the assignee named in the amendment is a secured party of record.
- Amendment deleting secured party of record. A person remains a secured party of record until the filing of an amendment of the financing statement which deletes the person.
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