2016 Tennessee Code
Title 66 - Property
Chapter 3 - Fraudulent Conveyances and Devises
Part 3 - Uniform Fraudulent Transfer Act
§ 66-3-308. Remedies of creditors.

TN Code § 66-3-308 (2016) What's This?

(a) In an action for relief against a transfer or obligation under this part, a creditor, subject to the limitations in ยง 66-3-309, may obtain:

(1) Avoidance of the transfer or obligation to the extent necessary to satisfy the creditor's claim;

(2) An attachment or other provisional remedy against the asset transferred or other property of the transferee in accordance with the procedure prescribed by title 26;

(3) Subject to applicable principles of equity and in accordance with applicable rules of civil procedure:

(A) An injunction against further disposition by the debtor or a transferee, or both, of the asset transferred or of other property;

(B) Appointment of a receiver to take charge of the asset transferred or of other property of the transferee; or

(C) Any other relief the circumstances may require.

(b) If a creditor has obtained a judgment on a claim against the debtor, the creditor, if the court so orders, may levy execution on the asset transferred or its proceeds.

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