Tennessee Statutes
§ 48-1-201 — Participation certificates in bonds or notes secured by mortgages on realty
Tennessee § 48-1-201
JurisdictionTennessee
Title48
This text of Tennessee § 48-1-201 (Participation certificates in bonds or notes secured by mortgages on realty) 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. § 48-1-201 (2026).
Text
Persons issuing and selling participation certificates in bonds or notes secured by mortgages or deeds of trust on land wherever located shall hold legal title to such bonds or notes in trust for the use and benefit of bona fide purchasers of such certificates to the extent of the interests sold to such purchasers, and such certificates and the interests represented thereby shall not be subject to the claims of creditors of the trustee holding legal title.
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Legislative History
Acts 1980, ch. 599, § 1; T.C.A., §48-16-201; Acts 1985, ch. 110, § 1; T.C.A., § 48-2-201.
Nearby Sections
15
§ 48-1-101
Short title§ 48-1-102
Part definitions§ 48-1-103
Exemptions§ 48-1-105
Registration by coordination§ 48-1-106
Registration by qualification§ 48-1-109
Registration as broker-dealers, agents, investment advisers, and investment adviser representatives§ 48-1-111
Records and reports - Examinations§ 48-1-115
AdministrationCite This Page — Counsel Stack
Bluebook (online)
Tennessee § 48-1-201, Counsel Stack Legal Research, https://law.counselstack.com/statute/tn/48-1-201.