Tennessee Statutes

§ 65-8-103 — Continuation of business by seller to wind up business

Tennessee § 65-8-103

This text of Tennessee § 65-8-103 (Continuation of business by seller to wind up business) 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. § 65-8-103 (2026).

Text

In case the railroad company, whose corporate powers have been transferred by a sale as aforementioned, has brought suits in law or equity, or holds any claims or rights of action, excepted and reserved by the terms of the sale, the corporation may have a continuance sufficiently long for the purpose of collecting the claims and paying to or dividing the same among the stockholders or the persons entitled to such claims.

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Legislative History

Acts 1871, ch. 22, § 2; Shan., § 1510a1; Code 1932, § 2582; T.C.A. (orig. ed.), § 65-803.

Nearby Sections

15
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Bluebook (online)
Tennessee § 65-8-103, Counsel Stack Legal Research, https://law.counselstack.com/statute/tn/65-8-103.