Home/Tennessee/Statutes/Title: 55/§ 55-27-104
Tennessee Statutes

§ 55-27-104 — Funds held in trust by a distributor

Tennessee § 55-27-104
JurisdictionTennessee
Title55

This text of Tennessee § 55-27-104 (Funds held in trust by a distributor) 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. § 55-27-104 (2026).

Text

Funds held by a manufacturer's distributor of motor vehicles that are described in one (1) or more of § 55-27-103(1)-

(10), as to which the distributor is obligated to a dealer or customer, are trust funds held in trust by the manufacturer's distributor for the benefit of any dealer or customer to whom the obligation is owed.

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Legislative History

Acts 2009, ch. 322, § 2.

Nearby Sections

15
§ 55-1-101
Short title for chapters 1-6
§ 55-1-102
Definitions of words and phrases generally
§ 55-1-103
"Autocycle," "motor bicycle," "motor vehicle," "motorcycle," "vehicle" and "freight motor vehicle" defined
§ 55-1-104
"Farm tractor," "motor home," "truck," and "truck tractor" defined
§ 55-1-105
"Manufactured home," "mobile home or house trailer," "pole trailer," "semitrailer," and "trailer" defined
§ 55-1-106
"Essential parts," "reconstructed vehicle," and "specially constructed vehicle" defined
§ 55-1-107
"Foreign vehicle" defined
§ 55-1-108
"Implement of husbandry" defined
§ 55-1-109
"Special mobile equipment" defined
§ 55-1-110
"Metal tire," "pneumatic tire" and "solid tire" defined
§ 55-1-111
"Commissioner" and "department" defined
§ 55-1-112
"Lienor," "owner" and "person" defined
§ 55-1-113
"Nonresident" defined
§ 55-1-114
"Dealer," "manufacturer" and "transporter" defined
§ 55-1-115
"Place of business" defined
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Bluebook (online)
Tennessee § 55-27-104, Counsel Stack Legal Research, https://law.counselstack.com/statute/tn/55-27-104.