{"data":{"id":"us-tn/tenn.-code-ann.-30-3-110","jurisdiction":"us-tn","citation":"Tenn. Code Ann. § 30-3-110","heading":"Termination of receivership","body":"Upon the entry of any final finding and decree as provided in § 30-3-108 , the court shall proceed to wind up the receivership and terminate the proceedings: (1) In the case of a finding under subsections (a) or (c) of § 30-3-108 , that the absentee is dead: (A) By satisfying all outstanding debts and charges of the receivership; and (B) By then certifying the proceedings to the probate court; or (2) In the case of a finding under § 30-3-108(b) : (A) By satisfying all outstanding debts and charges; (B) By then deducting for the insurance fund provided in § 30-3-113 , a sum equal to twenty-five percent (25%) of the total value of the property remaining, including amounts paid to the receivership estate from policies of insurance on the absentee's life; and (C) By distributing the remaining property as provided in § 30-3-111 ; and (3) In both cases by requiring the receiver's account and upon its approval discharging the receiver and the receiver's bondsmen and entering a final decree terminating the receivership. Acts 1941, ch. 102, § 8; C. Supp. 1950, § 8407.17; T.C.A. (orig. ed.), § 30-1810; Acts 2001, ch. 121, § 4.\nUpon the entry of any final finding and decree as provided in § 30-3-108 , the court shall proceed to wind up the receivership and terminate the proceedings:\n(1) In the case of a finding under subsections (a) or (c) of § 30-3-108 , that the absentee is dead: (A) By satisfying all outstanding debts and charges of the receivership; and (B) By then certifying the proceedings to the probate court; or\n(A) By satisfying all outstanding debts and charges of the receivership; and\n(B) By then certifying the proceedings to the probate court; or\n(2) In the case of a finding under § 30-3-108(b) : (A) By satisfying all outstanding debts and charges; (B) By then deducting for the insurance fund provided in § 30-3-113 , a sum equal to twenty-five percent (25%) of the total value of the property remaining, including amounts paid to the receivership estate from policies of insurance on the absentee's life; and (C) By distributing the remaining property as provided in § 30-3-111 ; and\n(A) By satisfying all outstanding debts and charges;\n(B) By then deducting for the insurance fund provided in § 30-3-113 , a sum equal to twenty-five percent (25%) of the total value of the property remaining, including amounts paid to the receivership estate from policies of insurance on the absentee's life; and\n(C) By distributing the remaining property as provided in § 30-3-111 ; and\n(3) In both cases by requiring the receiver's account and upon its approval discharging the receiver and the receiver's bondsmen and entering a final decree terminating the receivership.","path":["TN Code","Title 30","Chapter 3"],"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":"85f4383c555a2f4d65ba7c61ced6bb2aacea15706369d167774def2ef7437220","source_id":"us-tn","stale":false,"prev":"us-tn/tenn.-code-ann.-30-3-109","next":"us-tn/tenn.-code-ann.-30-3-111"},"notice":"GroundRules: Original legal text. Not legal advice."}