{"data":{"id":"us-tn/tenn.-code-ann.-47-8-601","jurisdiction":"us-tn","citation":"Tenn. Code Ann. § 47-8-601","heading":"Savings clause","body":"(a) This chapter does not affect an action or proceeding commenced before this chapter takes effect.\n(b) If a security interest in a security is perfected on January 1, 1998, and the action by which the security interest was perfected would suffice to perfect a security interest under this chapter, no further action is required to continue perfection. If a security interest in a security is perfected on January 1, 1998, but the action by which the security interest was perfected would not suffice to perfect a security interest under this chapter, the security interest remains perfected for a period of one (1) year after January 1, 1998, and continues perfected thereafter if appropriate action to perfect under this chapter is taken within that period. If a security interest is perfected on January 1, 1998, and the security interest can be perfected by filing under this chapter, a financing statement signed by the secured party instead of the debtor may be filed within that period to continue perfection or thereafter to perfect. A financing statement securing only investment property filed during the one-year period permitted in this section shall not be subject to the indebtedness tax on recorded instruments imposed under § 67-4-409(b) .","path":["TN Code","Title 47","Chapter 8"],"source_url":"https://oss-data-us.vaquill.ai/v2026.08/us_tn_statutes.parquet","current_through":"2026-08-14","vintage":"open-us-law v2026.08, retrieved 2026-09-14","retrieved_at":"2026-09-14T18:32:26Z","sha256":"e340a7016d59c3b46cd47dd25a7eca60d4e8ef6d889a90b8c9623bea18c6bc3f","source_id":"us-tn","stale":false,"prev":"us-tn/tenn.-code-ann.-47-8-511","next":"us-tn/tenn.-code-ann.-47-9-101"},"notice":"GroundRules: Original legal text. Not legal advice."}
