It’s always a surprise when I take a quick glance at a statute and discover a discrete, subtle change.
For instance, today, I was scheduling a foreclosure sale.
For years, the statute on “when” you could conduct the sale (Tenn. Code Ann. § 35-5-109) has said that a sale can be made on “any day Monday through Saturday” and “between the hours of ten o’clock a.m. (10:00 a.m.) and four o’clock p.m. (4:00 p.m.)” (excluding state or federal legal holidays).
Apparently, in 2017, the legislature changed Tenn. Code Ann. § 35-5-109 to expand the time of day you can do a sale. Now, you can conduct sales “between the hours of nine o’clock a.m. (9:00 a.m.) and seven o’clock p.m. (7:00 p.m.).”
Sometimes, the legislature works in mysterious ways. I have no idea why this was law was changed.
I understand the utility of allowing sales earlier in the day, but why allow them to be as late as 7pm at night? Who demanded this?
Oh well. I guess the good news is that I can coordinate my future foreclosures in Shelby County with the tip off for a Memphis Grizzlies game.
Creditors Rights 101 