Tennessee § 67-5-2205 Leases by receiver - Maintenance and operating expenses

Tennessee Statutes

§ 67-5-2205 — Leases by receiver - Maintenance and operating expenses

Tennessee § 67-5-2205

Title67

This text of Tennessee § 67-5-2205 (Leases by receiver - Maintenance and operating expenses) 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. § 67-5-2205 (2026).

Text

(a)(1) The receiver is authorized to rent or lease the receivership property upon such terms as may be approved by the court in which the receivership is pending.

(2)Any lease thus made by the receiver shall terminate upon the termination of the receivership.

(b)From any assets of the receivership, the court may authorize the payment of a reasonable premium on any surety bond required of the receiver and reasonable expenses for the maintenance, repair or improvement of the receivership property.

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(a) (1) The receiver is authorized to rent or lease the receivership property upon such terms as may be approved by the court in which the receivership is pending. (2) Any lease thus made by the receiver shall terminate upon the termination of the receivership. (b) From any assets of the receivership, the court may authorize the payment of a reasonable premium on any surety bond required of the receiver and reasonable expenses for the maintenance, repair or improvement of the receivership property.