{"data":{"id":"us-tn/tenn.-code-ann.-29-40-104","jurisdiction":"us-tn","citation":"Tenn. Code Ann. § 29-40-104","heading":"Scope - Exclusions","body":"(a) Except as otherwise provided in subsection (b) or (c), this chapter applies to a receivership for an interest in real property and any personal property related to or used in operating the real property. (b) This chapter does not apply to a receivership for an interest in real property improved by one (1) to four (4) dwelling units unless: (1) The interest is used for agricultural, commercial, industrial, or mineral-extraction purposes, other than incidental uses by an owner occupying the property as the owner's primary residence; (2) The interest secures an obligation incurred at a time when the property was used or planned for use for agricultural, commercial, industrial, or mineral-extraction purposes; (3) The owner planned or is planning to develop the property into one (1) or more dwelling units to be sold or leased in the ordinary course of the owner's business; or (4) The owner is collecting or has the right to collect rents or other income from the property from a person other than an affiliate of the owner. (c) This chapter does not apply to a receivership authorized by the law of this state, other than this chapter, in which the receiver is a governmental unit or an individual acting in an official capacity on behalf of the governmental unit. (d) This chapter does not limit the authority of a court to appoint a receiver under other state law. (e) Unless displaced by a particular provision of this chapter, the principles of law and equity supplement this chapter. Added by 2018 Tenn. Acts, ch. 731, s 1, eff. 7/1/2018.\n(a) Except as otherwise provided in subsection (b) or (c), this chapter applies to a receivership for an interest in real property and any personal property related to or used in operating the real property.\n(b) This chapter does not apply to a receivership for an interest in real property improved by one (1) to four (4) dwelling units unless: (1) The interest is used for agricultural, commercial, industrial, or mineral-extraction purposes, other than incidental uses by an owner occupying the property as the owner's primary residence; (2) The interest secures an obligation incurred at a time when the property was used or planned for use for agricultural, commercial, industrial, or mineral-extraction purposes; (3) The owner planned or is planning to develop the property into one (1) or more dwelling units to be sold or leased in the ordinary course of the owner's business; or (4) The owner is collecting or has the right to collect rents or other income from the property from a person other than an affiliate of the owner.\n(1) The interest is used for agricultural, commercial, industrial, or mineral-extraction purposes, other than incidental uses by an owner occupying the property as the owner's primary residence;\n(2) The interest secures an obligation incurred at a time when the property was used or planned for use for agricultural, commercial, industrial, or mineral-extraction purposes;\n(3) The owner planned or is planning to develop the property into one (1) or more dwelling units to be sold or leased in the ordinary course of the owner's business; or\n(4) The owner is collecting or has the right to collect rents or other income from the property from a person other than an affiliate of the owner.\n(c) This chapter does not apply to a receivership authorized by the law of this state, other than this chapter, in which the receiver is a governmental unit or an individual acting in an official capacity on behalf of the governmental unit.\n(d) This chapter does not limit the authority of a court to appoint a receiver under other state law.\n(e) Unless displaced by a particular provision of this chapter, the principles of law and equity supplement this chapter.","path":["TN Code","Title 29","Chapter 40"],"source_url":"https://oss-data-us.vaquill.ai/v2026.08/us_tn_statutes.parquet","current_through":"2026-08-14","vintage":"open-us-law v2026.08, retrieved 2026-09-14","retrieved_at":"2026-09-14T18:32:26Z","sha256":"0fba632eb42bf60a61d10c14fe705b7681b438008c98419841347aa058e9fc3d","source_id":"us-tn","stale":false,"prev":"us-tn/tenn.-code-ann.-29-40-103","next":"us-tn/tenn.-code-ann.-29-40-105"},"notice":"GroundRules: Original legal text. Not legal advice."}