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34 chapters · 1,335 sections in this title.
Tenn. Code Ann. § 47-50-101 Private and corporation seals abolished
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The use of seals in or upon written contracts or other instruments of writing, whether of persons or of corporations, is abolished, and the absence of such seal therefrom, or its addition thereto, shall not affect its character or validity or legal effect in any respect.
Tenn. Code Ann. § 47-50-102 Assignable instruments — Suit by assignee
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Bonds with collateral conditions, bills or notes for specific articles or the performance of any duty, nonnegotiable notes for money and accepted orders shall be assignable, and suit may be prosecuted by the assignee in the assignee's own name.
Tenn. Code Ann. § 47-50-103 Written contracts prima facie evidence of consideration
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All contracts in writing signed by the party to be bound, or the party's authorized agent and attorney, are prima facie evidence of a consideration.
Tenn. Code Ann. § 47-50-104 Failure of consideration — Defense
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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.
