Terms Used In Tennessee Code 66-14-104

  • Lien: A claim against real or personal property in satisfaction of a debt.
  • Person: includes a corporation, firm, company or association. See Tennessee Code 1-3-105

In accordance with the terms of the notice provided for in § 66-14-102, a sale of the goods by auction may be had to satisfy the lien on the goods. The sale shall be had in the place where the lien was acquired, or, if such place is unsuitable for the purpose, at a convenient suitable place. After the time for the payment of the claim specified in the notice has elapsed, an advertisement of the sale describing the goods to be sold, and stating the name of the owner or person on whose account the goods are held, and the time and place of the sale, shall be published once a week for two (2) consecutive weeks, in a newspaper published in the place where the sale is to be held. The sale shall not be held less than fifteen (15) days from the time of the first publication. If there is no newspaper published in the place where the sale is to be held, the advertisement shall be posted at least ten (10) days before the sale in not less than six (6) conspicuous places in the place.