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2021 Tennessee Code
Title 29 - Remedies and Special Proceedings
Chapter 33 - Sureties on Bonds—actions to Protect Interest
§ 29-33-114. Contribution Between Sureties
Universal Citation:
TN Code § 29-33-114 (2021)
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The sureties, in either bond who have been compelled to make payments thereon for the principal, have the same remedies against the sureties in all the bonds in force at the time of default, as cosureties in the same bond have against each other, the recovery being properly proportioned according to the penalties of the several bonds.
Code 1858, § 3678 (deriv. Acts 1809 (Sept.), ch. 69, § 3); Shan., § 5448; Code 1932, § 9610; T.C.A. (orig. ed.), § 23-2714.
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