Tennessee Code Annotated

Tenn. Code Ann. § 47-9-501 (2026)

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✓ current as of May 2026
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Acts 2000, ch. 846, § 1.


Notes of Decisions
Cited in 9 cases, 1979–2001 · leading case: Am. City Bank of Tullahoma v. W. Auto Supply Co., 631 S.W.2d 410 (Tenn. Ct. App. 1981).
Am. City Bank of Tullahoma v. W. Auto Supply Co., 631 S.W.2d 410 (Tenn. Ct. App. 1981). · cites it 4× “First, it may reduce the claim to judgment, foreclose or otherwise enforce the security interest by judicial procedures pursuant to T.C.A. § 47-9-501(1), (2), (3), (4), (5).”
Trimble v. Sonitrol of Memphis, Inc., 723 S.W.2d 633 (Tenn. Ct. App. 1986). · cites it 4× “The record, therefore, shows that the defendants were given a full and fair hearing on the claims raised in their counterclaims as well as on their rights to a commercially reasonable sale (T.C.A. § 47-9-501) which were adjudicated in the final hearing in this case.”
Davenport v. Chrysler Credit Corp., 818 S.W.2d 23 (Tenn. Ct. App. 1991). · cites it 2× “Secured parties who do not abide by Tenn.Code Ann. §§ 47-9-501, -507 (1979 & Supp.”
Consum. Lease Network, Inc. v. Puckett (In Re Puckett), 60 B.R. 223 (Bankr. M.D. Tenn. 1986). · cites it 2× “§§ 47-9-501 et seq. (Michie 1979). The only significant financing term missing from the default provisions of the CLN contract is a right to accelerate unma-tured payments.”
Pippin Way, Inc. v. Four Star Music Co. (In Re Four Star Music Co.), 2 B.R. 454 (Bankr. M.D. Tenn. 1979). · cites it 2× “T.C.A. § 47-9-501(3) requires “To the extent that they give rights to the debtor and impose duties on the secured party, the rules stated in the subsections referred to below may not be waived or varied .”
McAllister v. Cherokee Valley Fed. Sav. & Loan Ass'n (In Re McAllister), 52 B.R. 293 (Bankr. E.D. Tenn. 1985). · cites it 2× “Tenn.Code Ann. § 47-9-501 et seq. It also was not a general assignment of McAllister’s interest in the partnership.”
Data Sec., Inc. v. Plessman, 510 N.W.2d 361 (Neb. Ct. App. 1993). “The court held that the stock pledge agreement which purported to vest the stock in the seller upon the purchaser’s default was prohibited under both common law and Tenn. Code Ann. § 47-9-501 (3) (1979). In another case, Kellos v.”
Coy Hardaway v. William Burnett (Tenn. Ct. App. 1997). · cites it 7× “As for the Plaintiffs’ claim for damages for Burnett’s alleged business torts, the master determined that the Plaintiffs were not entitled to lost profits based on the master’s findings that Haraway’s prior tender was insufficient to cure the default and that “Burnett acted…”
Steven H. Rezba v. Brian W. Randolph (Tenn. Ct. App. 2001). · cites it 2× “The collateral will -6- have to be sold following the procedures prescribed in Tenn. Code Ann. § 47-9-501 , et seq., and Dr.”
— Tenn. Code Ann. § 47-9-501(1) — 2 cases
Am. City Bank of Tullahoma v. W. Auto Supply Co., 631 S.W.2d 410 (Tenn. Ct. App. 1981). “First, it may reduce the claim to judgment, foreclose or otherwise enforce the security interest by judicial procedures pursuant to T.C.A. § 47-9-501(1), (2), (3), (4), (5).”
Coy Hardaway v. William Burnett (Tenn. Ct. App. 1997). “As for the Plaintiffs’ claim for damages for Burnett’s alleged business torts, the master determined that the Plaintiffs were not entitled to lost profits based on the master’s findings that Haraway’s prior tender was insufficient to cure the default and that “Burnett acted…”
— Tenn. Code Ann. § 47-9-501(3) — 3 cases
Pippin Way, Inc. v. Four Star Music Co. (In Re Four Star Music Co.), 2 B.R. 454 (Bankr. M.D. Tenn. 1979). “T.C.A. § 47-9-501(3) requires “To the extent that they give rights to the debtor and impose duties on the secured party, the rules stated in the subsections referred to below may not be waived or varied .”
Trimble v. Sonitrol of Memphis, Inc., 723 S.W.2d 633 (Tenn. Ct. App. 1986). “The record, therefore, shows that the defendants were given a full and fair hearing on the claims raised in their counterclaims as well as on their rights to a commercially reasonable sale (T.C.A. § 47-9-501) which were adjudicated in the final hearing in this case.”
Coy Hardaway v. William Burnett (Tenn. Ct. App. 1997). “As for the Plaintiffs’ claim for damages for Burnett’s alleged business torts, the master determined that the Plaintiffs were not entitled to lost profits based on the master’s findings that Haraway’s prior tender was insufficient to cure the default and that “Burnett acted…”
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