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.

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.

Generated automatically from the official title, sponsor list, and status record only. It does not characterize the bill’s purpose or effects. How summaries are written