Any confession of judgment by a debtor, or permitting judgment to be taken by default, or by collusion, within three (3) months preceding a general assignment, and in contemplation of such assignment, shall be void, in the event a general assignment is made within three (3) months after the judgment.
Structure 2021 Tennessee Code
Title 47 - Commercial Instruments and Transactions
Chapter 13 - Assignments for Benefit of Creditors
§ 47-13-101. Trustees or Assignees for Creditors, Etc. — Bond — Oath
§ 47-13-102. Filing of Bond and Oath
§ 47-13-103. Settlement by Trustee or Assignee
§ 47-13-104. Failure to Settle — Citation Upon Application of Interested Party
§ 47-13-105. Failure to Settle — Citation Without Application
§ 47-13-106. Failure to Settle — Penalty
§ 47-13-108. Applicability of §§ 47-13-103 — 47-13-109
§ 47-13-109. Fees for Services Under §§ 47-13-103 — 47-13-108
§ 47-13-110. Compensation of Trustees
§ 47-13-111. Noncompliance by Trustee — Appointment of Receiver
§ 47-13-112. Death, Resignation, or Removal of Trustee
§ 47-13-113. Powers of Successor Trustee
§ 47-13-114. Release of Sureties
§ 47-13-116. General Assignments — Prior Conveyance for Benefit of Particular Creditor
§ 47-13-117. General Assignments — Prior Judgment by Confession or Default
§ 47-13-118. General Assignments — Inventory — Trustee's Rights to Property
§ 47-13-119. Mortgages, Deeds of Trust or Security Agreements