2010 Tennessee Code
Title 67 - Taxes And Licenses
Chapter 5 - Property Taxes
Part 22 - Tax LienReceivership
67-5-2205 - Leases by receiver Maintenance and operating expenses.
67-5-2205. Leases by receiver Maintenance and operating expenses.
(a) (1) The receiver is authorized to rent or lease the receivership property upon such terms as may be approved by the court in which the receivership is pending.
(2) Any lease thus made by the receiver shall terminate upon the termination of the receivership.
(b) From any assets of the receivership, the court may authorize the payment of a reasonable premium on any surety bond required of the receiver and reasonable expenses for the maintenance, repair or improvement of the receivership property.
[Acts 1941, ch. 19, § 3; C. Supp. 1950, § 1789.9 (Williams, § 1789.3); T.C.A. (orig. ed.), § 67-1905.]
Disclaimer: These codes may not be the most recent version. Tennessee may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.
