Tennessee § 47-10-123 Relevancy and construction of official commentary

Tennessee Statutes

§ 47-10-123 — Relevancy and construction of official commentary

In any dispute as to the proper construction of one (1) or more sections of the Uniform Electronic Transactions Act, the official comments pertaining to the corresponding sections of the official text, as adopted by the Uniform Law Commission, and as in effect on July 1, 2001, shall constitute evidence of the purposes and policies underlying such sections unless:

(1)The sections of this chapter that are applicable to the dispute differ materially from the sections of the official text that would be applicable thereto; or (2) The official comments are inconsistent with the plain meaning of the applicable sections of this chapter.

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In any dispute as to the proper construction of one (1) or more sections of the Uniform Electronic Transactions Act, the official comments pertaining to the corresponding sections of the official text, as adopted by the Uniform Law Commission, and as in effect on July 1, 2001, shall constitute evidence of the purposes and policies underlying such sections unless: (1) The sections of this chapter that are applicable to the dispute differ materially from the sections of the official text that would be applicable thereto; or (2) The official comments are inconsistent with the plain meaning of the applicable sections of this chapter.

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