{"data":{"id":"us-tn/tenn.-code-ann.-47-9-314","jurisdiction":"us-tn","citation":"Tenn. Code Ann. § 47-9-314","heading":"Perfection by control.","body":"(a) Perfection by control. A security interest in investment property, deposit accounts, letter-of-credit rights, electronic chattel paper, or electronic documents may be perfected by control of the collateral under § 47-7-106, § 47-9-104, § 47-9-105, § 47-9-106, or § 47-9-107.\n(b) Specified collateral: time of perfection by control; continuation of perfection. A security interest in deposit accounts, electronic chattel paper, letter-of-credit rights, or electronic documents is perfected by control under § 47-7-106, § 47-9-104, § 47-9-105, or § 47-9-107 when the secured party obtains control and remains perfected by control only while the secured party retains control.\n(c) Investment property: time of perfection by control; continuation of perfection. A security interest in investment property is perfected by control under § 47-9-106 from the time the secured party obtains control and remains perfected by control until:\n(1) the secured party does not have control; and\n(2) one (1) of the following occurs:\n(A) if the collateral is a certificated security, the debtor has or acquires possession of the security certificate;\n(B) if the collateral is an uncertificated security, the issuer has registered or registers the debtor as the registered owner; or\n(C) if the collateral is a security entitlement, the debtor is or becomes the entitlement holder.","path":["Title 47 Commercial Instruments And Transactions","Chapter 9 Secured Transactions","Part 3 Perfection and Priority","2. Perfection"],"source_url":"https://archive.org/download/gov.tn.tca/release76.2021.05.21/gov.tn.tca.title.47.odt","current_through":"2021-05-21","vintage":"Tennessee Code Release 76 (2021-05), retrieved 2026-09-17; absent from the newer snapshot, which serves other sections of this chapter, so it may since have been repealed or amended","retrieved_at":"2026-09-17T21:55:59Z","sha256":"348a2100e12b97dc8fe00290fe53cff036e2ac8ea7920abe1131d04a58c9d2a4","source_id":"us-tn","stale":true,"prev":"us-tn/tenn.-code-ann.-47-9-313","next":"us-tn/tenn.-code-ann.-47-9-315"},"notice":"GroundRules: Original legal text. Not legal advice."}
