Tennessee § 67-5-2209 - Distribution of receivership assets.
Full text of Tennessee Tennessee Code Annotated § 67-5-2209 — Distribution of receivership assets., with citation guidance and answers to common questions.
§ 67-5-2209. Distribution of receivership assets.
The assets of the receivership shall be distributed for the following purposes, preference being given to the purposes in the order named: Court costs and all necessary or desirable expenses of the receivership, including the cost of maintenance, repair and improvement of receivership property; Taxes due parties to the tax suit in which the receiver is appointed, the same preference being given on such distribution that would be given in the distribution of funds resulting from a tax sale of the receivership property; and Any residue remaining after the termination of the receivership shall be paid to the owner of the receivership property. Acts 1941, ch. 19, § 7; C. Supp. 1950, § 1789.13 (Williams, § 1789.7); T.C.A. (orig. ed.), § 67-1909.
Source: official Tennessee text · Last verified 2026-08-27
Frequently Asked Questions About Tennessee § 67-5-2209
What does Tennessee Code Annotated § 67-5-2209 cover?
Section 67-5-2209 ("Distribution of receivership assets.") 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 § 67-5-2209?
A common citation format is "Tennessee Code Annotated § 67-5-2209" (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 § 67-5-2209 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.