Tennessee Code 9-4-401 – Preference in insolvency
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Terms Used In Tennessee Code 9-4-401
- State: when applied to the different parts of the United States, includes the District of Columbia and the several territories of the United States. See Tennessee Code 1-3-105
In the liquidation of insolvent state depositories, the return of all state deposits, including funds held in trust by state officials, shall be preferred in payment.