Tennessee Statutes
§ 13-20-609 — Subordination of mortgage to agreement with government
Tennessee·Title 13
The authority may agree in any mortgage made by it that such mortgage shall be subordinate to a contract for the supervision by a government of the operation of improvements thereon; in such event, any purchaser or purchasers at a sale of the property of an authority pursuant to a foreclosure of such mortgage or any other remedy in connection therewith shall obtain title subject to such contract.
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Legislative History
Acts 1935 (Ex. Sess.), ch. 20, § 22; C. Supp. 1950, § 3647.21 (Williams, § 3647.22); T.C.A. (orig. ed.), § 13-1109.
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Responsibility for implementation§ 13-10-202
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Short title§ 13-11-102
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Chapter definitions