Tenn. Code § 29-40-109

Current through Acts 2023-2024, ch. 1069

Section 29-40-109 - Status of receiver as lien creditor

On appointment of a receiver, the receiver has the status of a lien creditor under:

(1) The Uniform Commercial Code - Secured Transactions, compiled in title 47, chapter 9, as to receivership property that is personal property or fixtures; and

(2) Title 66, as to receivership property that is real property.

T.C.A. § 29-40-109

Added by 2018 Tenn. Acts, ch. 731, s 1, eff. 7/1/2018.