Tennessee Statutes

§ 26-2-304 — Insurance proceeds from homestead

Tennessee § 26-2-304

This text of Tennessee § 26-2-304 (Insurance proceeds from homestead) is published on Counsel Stack Legal Research, covering Tennessee primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
Tenn. Code Ann. § 26-2-304 (2026).

Text

All moneys arising from insurance on a homestead which is destroyed by fire, or by other disaster, shall be exempt in an amount not to exceed thirty-five thousand dollars ($35,000). This insurance exemption shall not operate so as to exclude the interest of any mortgagee at the time of the insurance loss so long as the mortgagee's interest is evidenced by a written contract.

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Related

Mills v. United States (In Re Mills)
37 B.R. 832 (E.D. Tennessee, 1984)
13 case citations

Legislative History

Amended by 2021 Tenn. Acts, ch. 301, s 3, eff. 1/1/2022. Code 1932, § 7734; Acts 1979, ch. 61, § 4; T.C.A., § 26-305.

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Bluebook (online)
Tennessee § 26-2-304, Counsel Stack Legal Research, https://law.counselstack.com/statute/tn/26-2-304.