Tennessee § 29-12-108 - Receiver for corporate property.
Full text of Tennessee Tennessee Code Annotated § 29-12-108 — Receiver for corporate property., with citation guidance and answers to common questions.
§ 29-12-108. Receiver for corporate property.
In such cases the court may appoint a receiver, take an account of the affairs of the corporation, and apply the property and effects to the payment of debts pro rata, and divide the surplus, if any, among the stockholders. Code 1858, § 4295 (deriv. Acts 1851-1852, ch. 172, § 1); Shan., § 6104; Code 1932, § 10365; T.C.A. (orig. ed.), § 23-1008. Textbooks. Tennessee Jurisprudence, 21 Tenn. Juris., Receivers, § 7. Law Reviews. Preferences, Priorities, and Powers of the State in the Collection of Delinquent Revenue: Tennessee's Tax Enforcement Procedures Act (Donald J. Serkin), 8 Mem. St. U.L. Rev. 707.
Source: official Tennessee text · Last verified 2026-08-27
Frequently Asked Questions About Tennessee § 29-12-108
What does Tennessee Code Annotated § 29-12-108 cover?
Section 29-12-108 ("Receiver for corporate property.") 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 § 29-12-108?
A common citation format is "Tennessee Code Annotated § 29-12-108" (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 § 29-12-108 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.