Tennessee § 9-21-314 - Sale of assets by receiver prohibited.
Full text of Tennessee Tennessee Code Annotated § 9-21-314 — Sale of assets by receiver prohibited., with citation guidance and answers to common questions.
§ 9-21-314. Sale of assets by receiver prohibited.
Notwithstanding § 9-21-313 , the receiver shall have no power to sell, assign, mortgage or otherwise dispose of any assets of whatever kind or character belonging to the local government or any local government instrumentality and useful for the public works project. The authority of any receiver shall be limited to the operation and maintenance of the public works project, and no court shall have jurisdiction to enter any order or decree requiring or permitting the receiver to sell, mortgage, or otherwise dispose of any such assets. Acts 1986, ch. 770, § 3-14.
Source: official Tennessee text · Last verified 2026-08-27
Frequently Asked Questions About Tennessee § 9-21-314
What does Tennessee Code Annotated § 9-21-314 cover?
Section 9-21-314 ("Sale of assets by receiver prohibited.") 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 § 9-21-314?
A common citation format is "Tennessee Code Annotated § 9-21-314" (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 § 9-21-314 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.