Tennessee Statutes
§ 26-5-106 — Transfer of corporate stock
Tennessee·Title 26
(a)Upon the sale of corporate stock or shares by execution, the officer, on receiving from the purchaser the amount of the purchaser's bid, shall execute and deliver to the purchaser an assignment of the certificate of shares sold.
(b)The officer's return of the sale on the back of the execution shall be notice to all the world of the fact of sale.
(c)On presentation to the proper officer of the company of such assignment, the officer shall transfer the shares on the proper book, to the purchaser or assignee.
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Legislative History
Code 1858, § 3053 (deriv. Acts 1857-1858 Private, ch. 163, § 16); Shan., § 4780; mod. Code 1932, § 8910; T.C.A. (orig. ed.), § 26-706.
Nearby Sections
15
§ 26-1-101
Writs to secure property§ 26-1-102
Attachment in nature of execution§ 26-1-103
Enforcement of money judgments§ 26-1-104
Property subject to execution§ 26-1-109
When executions tested§ 26-1-110
Garnishee unable to identify defendant§ 26-1-201
Issuance without demand§ 26-1-202
Time of issuance from Supreme Court§ 26-1-203
Time of issuance from courts of record§ 26-1-206
Accelerated execution