Tennessee § 47-2a-110 Transactions allowing adjustment of rental price upon sale or disposition

Tennessee Statutes

§ 47-2a-110 — Transactions allowing adjustment of rental price upon sale or disposition

Tennessee § 47-2a-110

Title47

This text of Tennessee § 47-2a-110 (Transactions allowing adjustment of rental price upon sale or disposition) is published on Counsel Stack Legal Research, covering Tennessee primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Tenn. Code Ann. § 47-2a-110 (2026).

Text

In the case of motor vehicles, semitrailers, or trailers, as defined in title 55, chapter 1, notwithstanding any other provision of law, a transaction does not create a sale or security interest merely because it provides that the rental price is permitted or required to be adjusted under the agreement either upward or downward by reference to the amount realized upon sale or other disposition of the motor vehicle, semitrailer, or trailer.

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In the case of motor vehicles, semitrailers, or trailers, as defined in title 55, chapter 1, notwithstanding any other provision of law, a transaction does not create a sale or security interest merely because it provides that the rental price is permitted or required to be adjusted under the agreement either upward or downward by reference to the amount realized upon sale or other disposition of the motor vehicle, semitrailer, or trailer.