Tennessee Code 47-9-601 – Rights after default – Judicial enforcement – Consignor or buyer of accounts, chattel paper, payment intangibles, or promissory notes
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Terms Used In Tennessee Code 47-9-601
- Foreclosure: A legal process in which property that is collateral or security for a loan may be sold to help repay the loan when the loan is in default. Source: OCC
- Lien: A claim against real or personal property in satisfaction of a debt.
- Statute: A law passed by a legislature.