An execution against a corporation may be levied on its choses in action, as well as on the goods and chattels, lands and tenements, of such corporation; and in case of a levy on choses in action, the court may appoint a receiver to collect or conserve the same.
Code 1858, § 3037 (deriv. Acts 1845-1846, ch. 55, § 4); Shan., § 4765; mod. Code 1932, § 8895; T.C.A. (orig. ed.), § 26-403.
Cross-References. Costs to plaintiff for transportation and storage of property levied upon, §26-3-117.
Writ against corporation, §26-1-105.
Textbooks. Tennessee Jurisprudence, 12 Tenn. Juris., Executions, § 16; 21 Tenn. Juris., Receivers, § 7.