Amends TCA Title 47.

Tennessee HB0443 amends the Uniform Commercial Code as it relates to investment securities and secured transactions by establishing that the law of Tennessee will govern the validity, rights, and duties associated with securities, rather than the local law of the securities intermediary's jurisdiction. The bill affects securities intermediaries, entitlement holders, and creditors by altering the priority of claims related to financial assets and removing certain exceptions that previously favored creditors with control over financial assets. Key provisions include the removal of jurisdictional governance for perfection and priority of security interests in securities entitlements and accounts.