There is a newer version of the Tennessee Code
2021
2020
2019
2018
2017
Other previous versions
View our newest version here

2014 Tennessee Code
Title 47 - Commercial Instruments And Transactions
Chapter 13 - Assignments for Benefit of Creditors
§ 47-13-117 - General assignments -- Prior judgment by confession or default.

TN Code § 47-13-117 (2014) What's This?

Any confession of judgment by a debtor, or permitting judgment to be taken by default, or by collusion, within three (3) months preceding a general assignment, and in contemplation of such assignment, shall be void, in the event a general assignment is made within three (3) months after the judgment.

Disclaimer: These codes may not be the most recent version. Tennessee may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.