Tennessee § 13-20-608 - Limitations on remedies of obligee.
Full text of Tennessee Tennessee Code Annotated § 13-20-608 — Limitations on remedies of obligee., with citation guidance and answers to common questions.
§ 13-20-608. Limitations on remedies of obligee.
No interest of the authority in any property, real or personal, shall be subject to sale by the foreclosure of a mortgage thereon, either through judicial proceedings or the exercise of a power of sale contained in such mortgage, except in the case of the mortgages provided for in § 13-20-604. All property of the authority shall be exempt from levy and sale by virtue of an execution, and no execution or other judicial process shall issue against same. No judgment against the authority shall be a charge or lien upon its property, real or personal. This section shall not apply to or limit the right of an obligee to foreclose any mortgage of the authority provided for in § 13-20-604, and, in case of a foreclosure sale thereunder, to obtain a judgment or decree for any deficiency due on the indebtedness secured thereby and issued on the credit of the authority. Such deficiency judgment or decree shall be a lien and charge upon the property of the authority which may be levied on and sold by virtue of an execution or other judicial process for the purpose of satisfying such deficiency judgment or decree. Acts 1935 (Ex. Sess.), ch. 20, § 21; C. Supp. 1950, § 3647.20 (Williams, § 3647.21); T.C.A. (orig. ed.), § 13-1108.
Source: official Tennessee text · Last verified 2026-08-27
Frequently Asked Questions About Tennessee § 13-20-608
What does Tennessee Code Annotated § 13-20-608 cover?
Section 13-20-608 ("Limitations on remedies of obligee.") 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 § 13-20-608?
A common citation format is "Tennessee Code Annotated § 13-20-608" (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 § 13-20-608 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.