2019 Tennessee Code
Title 47 - Commercial Instruments and Transactions
Chapter 50 - Miscellaneous Provisions
§ 47-50-104. Failure of consideration -- Defense.

Universal Citation: TN Code § 47-50-104 (2019)

The want or failure, in whole or in part, of the consideration of a written contract, may be shown as a defense, total or partial, as the case may be, in an action on such contract, brought by anyone who is not an innocent and bona fide holder.

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