Tennessee § 59-13-136 - Interests in warehousing corporations.
Full text of Tennessee Tennessee Code Annotated § 59-13-136 — Interests in warehousing corporations., with citation guidance and answers to common questions.
§ 59-13-136. Interests in warehousing corporations.
If such corporations are warehousing corporations, they may issue legal warehouse receipts to the association against the commodities delivered by it, or to any other person and such legal warehouse receipts shall be considered as adequate collateral to the extent of the usual and current value of the commodity represented. In case such warehouse is licensed or licensed and bonded under the laws of this or any other state or the United States, its warehouse receipt delivered to the association on commodities of the association or its members, or delivered by the association or its members, shall not be challenged or discriminated against because of ownership or control, wholly or in part, by the association. Acts 1984, ch. 864, § 38.
Source: official Tennessee text · Last verified 2026-08-27
Frequently Asked Questions About Tennessee § 59-13-136
What does Tennessee Code Annotated § 59-13-136 cover?
Section 59-13-136 ("Interests in warehousing corporations.") 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 § 59-13-136?
A common citation format is "Tennessee Code Annotated § 59-13-136" (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 § 59-13-136 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.