Tennessee § 66-29-141 - Public sale of property.
Full text of Tennessee Tennessee Code Annotated § 66-29-141 — Public sale of property., with citation guidance and answers to common questions.
§ 66-29-141. Public sale of property.
Except as otherwise provided in § 66-29-154, not earlier than three (3) years after receipt of property that has been presumed abandoned, the treasurer may sell the property. A sale under subsection (a) must be preceded by notice to the public of: The date of the sale; and A reasonable description of the property. A sale under subsection (a) must be to the highest bidder: At a public sale at a location in this state which the treasurer determines to be the most favorable market for the property; or On the internet or another forum the treasurer determines is likely to yield the highest net proceeds of sale. The treasurer may decline the highest bid at a sale under subsection (a) and reoffer the property for sale if the treasurer determines the highest bid is insufficient. If a sale held under this section is to be conducted other than by electronic means, the treasurer must publish not less than one (1) notice of the sale at least three (3) weeks, but not more than five (5) weeks, before the sale, in a newspaper of general circulation in the county in which the property is to be sold. Acts 2017, ch. 457, § 1. Effective Dates. Acts 2017, ch. 457, § 7. July 1, 2017; provided that, for purposes of promulgating rules, the act took effect May 25, 2017.
Source: official Tennessee text · Last verified 2026-08-27
Frequently Asked Questions About Tennessee § 66-29-141
What does Tennessee Code Annotated § 66-29-141 cover?
Section 66-29-141 ("Public sale of 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 § 66-29-141?
A common citation format is "Tennessee Code Annotated § 66-29-141" (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 § 66-29-141 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.