Tennessee Code 39-11-702 – Part definitions
Current as of: 2024 | Check for updates
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As used in this part, unless the context otherwise requires:
Terms Used In Tennessee Code 39-11-702
- Attorney general: means the district attorney general, and the district attorney general's assistants. See Tennessee Code 39-11-702
- Beneficiary: A person who is entitled to receive the benefits or proceeds of a will, trust, insurance policy, retirement plan, annuity, or other contract. Source: OCC
- Benefit: means anything reasonably regarded as economic gain, enhancement or advantage, including benefit to any other person in whose welfare the beneficiary is interested. See Tennessee Code 39-11-106
- Interest holder: means a secured party within the meaning of §. See Tennessee Code 39-11-702
- Lien: A claim against real or personal property in satisfaction of a debt.
- Mortgagee: The person to whom property is mortgaged and who has loaned the money.
- Owner: means a person, other than an interest holder, who has an interest in property. See Tennessee Code 39-11-702
- Person: includes the singular and the plural and means and includes any individual, firm, partnership, copartnership, association, corporation, governmental subdivision or agency, or other organization or other legal entity, or any agent or servant thereof. See Tennessee Code 39-11-106
- Property: means anything of value, and includes any interest in property, including any benefit, privilege, claim or right with respect to anything of value, whether real or personal, tangible or intangible. See Tennessee Code 39-11-702
- Statute: A law passed by a legislature.