2021 Tennessee Code
Part 2 - Formation and Construction of Lease Contract
§ 47-2A-220. Effect of Default on Risk of Loss

Whether or not risk of loss is to pass to the lessee, if the lessee as to conforming goods already identified to a lease contract repudiates or is otherwise in default under the lease contract, the lessor, or, in the case of a finance lease, the supplier, to the extent of any deficiency in his or her effective insurance coverage may treat the risk of loss as resting on the lessee for a commercially reasonable time.

Structure 2021 Tennessee Code