Tennessee Statutes

§ 40-33-202 — Part definitions

Tennessee·Title 40

As used in this part, unless the context otherwise requires:

(1)"Applicable agency" means the agency, board, commission or department charged by law or permitted by agreement with conducting the forfeiture proceeding for the particular property seized; and (2) "Secured party" means the holder of a security interest in the seized property acquired in the ordinary course of business within the meaning of § 47-9-102(a) and shall include a recourse party under the terms of a financing agreement.

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Related

State of Tennessee v. Charles D. Sprunger
458 S.W.3d 482 (Tennessee Supreme Court, 2015)
46 case citations

Legislative History

Acts 1994, ch. 925, § 1; 2000, ch. 846, § 27.

Nearby Sections

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