Tennessee Statutes

§ 29-35-118 — Receiver for corporation in dissolution

Tennessee § 29-35-118

This text of Tennessee § 29-35-118 (Receiver for corporation in dissolution) 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. § 29-35-118 (2026).

Text

Such judgment of dissolution shall not extinguish the debt due to or from the corporation; but the court shall appoint a receiver, with full power to take possession of all the debts and property, and sell, dispose of, collect, and distribute the same among the creditors and other persons interested, under the orders of the court.

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Legislative History

Code 1858, § 3426 (deriv. Acts 1845-1846, ch. 55, § 7); Shan., §5182; Code 1932, § 9353; T.C.A. (orig. ed.), § 23-2818.

Nearby Sections

15
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Bluebook (online)
Tennessee § 29-35-118, Counsel Stack Legal Research, https://law.counselstack.com/statute/tn/29-35-118.