2010 Tennessee Code
Title 47 - Commercial Instruments And Transactions
Chapter 13 - Assignments for Benefit of Creditors
47-13-108 - Applicability of §§ 47-13-103 47-13-109.
47-13-108. Applicability of §§ 47-13-103 47-13-109.
Nothing in §§ 47-13-103 47-13-109 shall be construed to exempt trustees or assignees from qualifying, giving bond, and returning inventories, as prescribed by law, nor shall these sections be construed to make them applicable to deeds or mortgages given purely as security for money lent or advanced, but the sections apply only to conveyances made for the benefit of creditors.
[Acts 1899, ch. 371, § 6; Shan., § 3524a6; Code 1932, § 7780; T.C.A. (orig. ed.), § 47-1508.]
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