§ 43-31-105. Perfection of Security Interest — Financing Statement — Unperfected Security Interests
To perfect an agricultural production input security interest, the security interest must attach and the supplier entitled to the security interest must file a financing statement, with a copy of the security interest notification statement attached, with the appropriate filing officer under § 47-9-501. The financing statement must indicate that the security interest is effective […]
§ 43-31-106. Enforcement of Security Interest
The holder of an agricultural production input security interest may enforce the security interest in the manner provided in title 47, chapter 9, part 6. For enforcement of the security interest, the security interest holder is the secured party and person for whom the agricultural production input was furnished is the debtor, and each has […]
§ 43-31-101. Short Title
This chapter shall be known and may be cited as the “Tennessee Agricultural Production Input Law.”
§ 43-31-102. Chapter Definitions
As used in this chapter, unless the context otherwise requires: “Agricultural chemical” means fertilizers or agricultural chemicals that are applied to crops or to land that is used for raising crops, including fertilizer material, plant amendment, plant food and soil amendment, and pesticide as defined in § 43-8-102; “Agricultural production input” means crop production inputs; […]
§ 43-31-103. Security Interest Notification Statements — Response by Lender
A supplier, at the request of the debtor, may notify a lender of an agricultural production input security interest by providing a security interest notification statement to the lender in an envelope marked “IMPORTANT-LEGAL NOTICE.” Delivery of the notice must be made by certified mail or another verifiable method. The security interest notification statement shall […]
§ 43-31-104. Extent of Supplier’s Security Interest — When It Attaches
A supplier who furnishes crop production inputs has an agricultural input security interest only as provided in this chapter for the unpaid retail cost of the crop production inputs. The security interest attaches to: The existing crops upon the land where a furnished agricultural chemical was applied, or if crops are not planted, to the […]