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2019 Tennessee Code
Title 47 - Commercial Instruments and Transactions
Chapter 18 - Consumer Protection
Part 24 - Unsolicited Loans
§ 47-18-2401. Notice requirements for unsolicited loans.
Universal Citation:
TN Code § 47-18-2401 (2019)
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- Unless otherwise agreed, where unsolicited mail that resembles a check is, upon endorsement by the payee, a loan, the payee is under no duty to repay such loan unless such unsolicited mail has upon its face in boldface letters at least one-half inch (½″) in height the following:
- THIS IS A LOAN.
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