During the pendency in this or any other state of a liquidation proceeding, whether called by that name or not, no action or proceeding in the nature of an attachment, garnishment or levy of execution shall be commenced or maintained in this state against the delinquent insurer or its assets.
Tenn. Code Ann. § 56-9-408
Attachment, garnishment or levy of execution
Known as the Insurers Rehabilitation and Liquidation Act
The act spans §§ 56–56 (71 sections).
Acts 1991, ch. 142, § 4.
Current official text: Tennessee Code (LexisNexis). Digitized from the UniCourt Code Improvement Commission public-domain capture. Reproduced from public-domain Tennessee statutes; confirm against the official source for the current text. Not legal advice.