55-1-112 - - Tennessee Statutes

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Statutes > Tennessee > Title-55 > Chapter-1 > 55-1-112

55-1-112. Lienor, owner and person defined.

(1) Lienor means any person who holds any lien, mortgage, conditional sales contract or other encumbrance against a vehicle;

(2) Owner means a person who holds the legal title of a vehicle, or in the event a vehicle is the subject of an agreement for the conditional sale or lease thereof with the right of purchase upon performance of the conditions stated in the agreement and with an immediate right of possession vested in the conditional vendee or lessee, or in the event a mortgagor of a vehicle is entitled to possession, then such conditional vendee or lessee or mortgagor shall be deemed the owner for the purpose of chapters 1-6 of this title; and

(3) Person means every natural person, firm, copartnership, association, or corporation.

[Acts 1951, ch. 70, § 11 (Williams, § 5538.111); T.C.A. (orig. ed.), § 59-112.]

State Codes and Statutes

Statutes > Tennessee > Title-55 > Chapter-1 > 55-1-112

55-1-112. Lienor, owner and person defined.

(1) Lienor means any person who holds any lien, mortgage, conditional sales contract or other encumbrance against a vehicle;

(2) Owner means a person who holds the legal title of a vehicle, or in the event a vehicle is the subject of an agreement for the conditional sale or lease thereof with the right of purchase upon performance of the conditions stated in the agreement and with an immediate right of possession vested in the conditional vendee or lessee, or in the event a mortgagor of a vehicle is entitled to possession, then such conditional vendee or lessee or mortgagor shall be deemed the owner for the purpose of chapters 1-6 of this title; and

(3) Person means every natural person, firm, copartnership, association, or corporation.

[Acts 1951, ch. 70, § 11 (Williams, § 5538.111); T.C.A. (orig. ed.), § 59-112.]

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State Codes and Statutes

Statutes > Tennessee > Title-55 > Chapter-1 > 55-1-112

55-1-112. Lienor, owner and person defined.

(1) Lienor means any person who holds any lien, mortgage, conditional sales contract or other encumbrance against a vehicle;

(2) Owner means a person who holds the legal title of a vehicle, or in the event a vehicle is the subject of an agreement for the conditional sale or lease thereof with the right of purchase upon performance of the conditions stated in the agreement and with an immediate right of possession vested in the conditional vendee or lessee, or in the event a mortgagor of a vehicle is entitled to possession, then such conditional vendee or lessee or mortgagor shall be deemed the owner for the purpose of chapters 1-6 of this title; and

(3) Person means every natural person, firm, copartnership, association, or corporation.

[Acts 1951, ch. 70, § 11 (Williams, § 5538.111); T.C.A. (orig. ed.), § 59-112.]