Tennessee Statutes

§ 56-12-217 — Stay of proceedings - Default judgments

Tennessee § 56-12-217

This text of Tennessee § 56-12-217 (Stay of proceedings - Default judgments) 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. § 56-12-217 (2026).

Text

(a)All proceedings in which the insolvent insurer is a party in any court in this state shall be stayed sixty (60) days from the date an order of liquidation, rehabilitation, or conservation is final to permit proper legal action by the association on any matters relative to its powers or duties.
(b)As to judgment under any decision, order, verdict, or finding based on default, the association may apply to have the judgment set aside by the same court that entered the judgment and shall be permitted to defend against the suit on the merits.

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Legislative History

Acts 1988, ch. 1032, § 17.

Nearby Sections

15
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Bluebook (online)
Tennessee § 56-12-217, Counsel Stack Legal Research, https://law.counselstack.com/statute/tn/56-12-217.