Tennessee Statutes

§ 29-12-108 — Receiver for corporate property

Tennessee § 29-12-108

This text of Tennessee § 29-12-108 (Receiver for corporate property) 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. § 29-12-108 (2026).

Text

In such cases the court may appoint a receiver, take an account of the affairs of the corporation, and apply the property and effects to the payment of debts pro rata, and divide the surplus, if any, among the stockholders.

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Legislative History

Code 1858, § 4295 (deriv. Acts 1851-1852, ch. 172, § 1); Shan., §6104; Code 1932, § 10365; T.C.A. (orig. ed.), § 23-1008.

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Bluebook (online)
Tennessee § 29-12-108, Counsel Stack Legal Research, https://law.counselstack.com/statute/tn/29-12-108.