Tennessee § 65-8-107 - Sale under judgment.
Full text of Tennessee Tennessee Code Annotated § 65-8-107 — Sale under judgment., with citation guidance and answers to common questions.
§ 65-8-107. Sale under judgment.
Whenever the property and franchises of any railroad are sold, under any judgment, decree, or process from any of the courts of record of this state, for the payment of any debt due from the incorporated company, the purchasers at the sale, or their assignees, may organize into a corporate body, with the right to have, hold, and operate the property and franchises so purchased, with all powers, rights, privileges, and immunities, and subject to all the restrictions, imposed by the original charter, and amendments thereto, of the corporation whose property and franchises have been sold. Acts 1879, ch. 52, § 2; Shan., § 1513a; Code 1932, § 2586; T.C.A. (orig. ed.), § 65-807.
Source: official Tennessee text · Last verified 2026-08-27
Frequently Asked Questions About Tennessee § 65-8-107
What does Tennessee Code Annotated § 65-8-107 cover?
Section 65-8-107 ("Sale under judgment.") 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 § 65-8-107?
A common citation format is "Tennessee Code Annotated § 65-8-107" (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 § 65-8-107 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.