2020 Tennessee Code
Title 47 - Commercial Instruments and Transactions
Chapter 12 - Discharge of Sureties
§ 47-12-106. Stay of Execution
When the principal and surety, or endorser, are sued, and the execution is stayed without the request or consent of the surety or endorser, the stayor shall be liable, in default of the principal debtor, to pay the debt and costs of judgment and in priority to the first surety or endorser, unless the first surety or endorser specially and in writing joined with the debtor in procuring the stay.
Code 1858, § 1973 (deriv. Acts 1820, ch. 24, § 1; 1841-1842, ch. 136, § 1); Shan., § 3522; mod. Code 1932, § 7531; T.C.A. (orig. ed.), § 47-706.
Cross-References. Summary judgment in favor of surety or stayor, §16-15-734.
Textbooks. Tennessee Forms (Robinson, Ramsey and Harwell), No. 1-8.03-19.
Tennessee Jurisprudence, 2 Tenn. Juris., Appeal and Error, § 24; 17 Tenn. Juris., Justices of Peace and General Sessions Courts, § 33; 23 Tenn. Juris., Suretyship, §§ 10, 27.
Cited: Graham v. Shephard, 136 Tenn. 418, 189 S.W. 867, 1916 Tenn. LEXIS 146 (1916).
