Tenn. Code Ann. § 29-40-109
Status of receiver as lien creditor
Last amended: 2018Year: 2026Length: 124 words
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. Added by 2018 Tenn. Acts, ch. 731, s 1, eff. 7/1/2018.
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.
Added by 2018 Tenn. Acts, ch. 731, s 1, eff. 7/1/2018.