Amends TCA Title 47.
Tennessee HB2611 amends Title 47 of the Tennessee Code Annotated to change the governing law for certain aspects of investment security transactions from the local law of the securities intermediary's jurisdiction to Tennessee state law. This bill primarily affects securities intermediaries and their transactions within the state. Key provisions include the establishment of Tennessee law as the governing framework for specific investment security transactions, along with related changes to ensure consistency in the application of these laws.
Tennessee HB2611 amends Title 47 of the Tennessee Code Annotated to change the governing law for certain aspects of investment security transactions from the local law of the securities intermediary's jurisdiction to Tennessee state law. This bill primarily affects securities intermediaries and their transactions within the state. Key provisions include the establishment of Tennessee law as the governing framework for specific investment security transactions, along with related changes to ensure consistency in the application of these laws.
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Hulsey, Bud
114th General Assembly
February 3, 2026
March 11, 2026
Failed in s/c Banking and Consumer Affairs Subcommittee of Commerce Committee