Tennessee § 26-2-304 - Insurance proceeds from homestead.
Full text of Tennessee Tennessee Code Annotated § 26-2-304 — Insurance proceeds from homestead., with citation guidance and answers to common questions.
§ 26-2-304. Insurance proceeds from homestead.
All moneys arising from insurance on a homestead which is destroyed by fire, or by other disaster, shall be exempt in an amount not to exceed five thousand dollars ($5,000). This insurance exemption shall not operate so as to exclude the interest of any mortgagee at the time of the insurance loss so long as the mortgagee's interest is evidenced by a written contract. Code 1932, § 7734; Acts 1979, ch. 61, § 4; T.C.A., § 26-305. Textbooks. Pritchard on Wills and Administration of Estates (4th ed., Phillips and Robinson), §§ 649, 650, 657. Tennessee Jurisprudence, 4 Tenn. Juris., Bankruptcy, § 30; 13 Tenn. Juris., Exemptions From Execution and Attachment, § 6.
Source: official Tennessee text · Last verified 2026-08-27
Frequently Asked Questions About Tennessee § 26-2-304
What does Tennessee Code Annotated § 26-2-304 cover?
Section 26-2-304 ("Insurance proceeds from homestead.") is part of the Tennessee Code Annotated, the codified statutory law of Tennessee. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Tennessee § 26-2-304?
A common citation format is "Tennessee Code Annotated § 26-2-304" (Tennessee). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Tennessee law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Tennessee official source linked on this page or consult a licensed Tennessee attorney.
How does Tennessee § 26-2-304 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Tennessee can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Tennessee.