Tennessee · 114th Regular Session (2025-2026) · Bill

SB 508: 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.

In committee Last action March 11, 2025: Assigned to General Subcommittee of Senate Commerce and Labor Committee

Plain-language summary

SB 508 is a bill introduced in the Tennessee Senate on January 30, 2025. According to its official title, it concerns: 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. Primary sponsor: Page Walley (Republican). Most recent recorded action (March 11, 2025): Assigned to General Subcommittee of Senate Commerce and Labor Committee.

Sponsors

Primary sponsor: Page Walley (Republican).