Such judgment of dissolution shall not extinguish the debt due to or from the corporation; but the court shall appoint a receiver, with full power to take possession of all the debts and property, and sell, dispose of, collect, and distribute the same among the creditors and other persons interested, under the orders of the court.
Code 1858, § 3426 (deriv. Acts 1845-1846, ch. 55, § 7); Shan., § 5182; Code 1932, § 9353; T.C.A. (orig. ed.), § 23-2818.
Structure 2021 Tennessee Code
Title 29 - Remedies and Special Proceedings
Chapter 35 - Usurpation or Forfeiture of Office or Franchise — Corporate Misdeeds
§ 29-35-101. Grounds for Action
§ 29-35-102. Corporate Officers — Trustees
§ 29-35-103. Attachment of Corporate Property After Nonuse or Assignment of Franchise
§ 29-35-104. Naming Proper Claimant to Office — Adjudication of Rights
§ 29-35-105. Judgment for Claimant to Office
§ 29-35-106. Damages for Usurpation of Office
§ 29-35-107. Adjudication Among Several Claimants to Office
§ 29-35-108. Election Contests
§ 29-35-109. Officers Entitled to Bring Suit
§ 29-35-110. Suit on Relation of Private Individual
§ 29-35-111. Bill in Equity — Venue
§ 29-35-112. Contents of Bill — Conduct of Suit
§ 29-35-113. Extraordinary Process
§ 29-35-114. Answer — Evidence in Criminal Actions
§ 29-35-116. Judgment of Exclusion From Office or Franchise
§ 29-35-117. Judgment of Dissolution — Escheat of Corporate Property
§ 29-35-118. Receiver for Corporation in Dissolution
§ 29-35-119. Costs Paid by State