Section 29-40-109 - Status of receiver as lien creditor

On appointment of a receiver, the receiver has the status of a lien creditor under:(1) The Uniform Commercial Code - Secured Transactions, compiled in title 47, chapter 9, as to receivership property that is personal property or fixtures; and(2) Title 66, as to receivership property that is real property.Added by 2018 Tenn. Acts, ch. 731, s 1, eff. 7/1/2018.