# Tenn. Code Ann. § 47-50-102: Assignable instruments - Suit by assignee

> Tennessee · Statutes · In force

URL: https://www.frixlaw.com/law-library/statutes/STATE_TN_T47_C50_S47-50-102

## Section

- **Citation:** Tenn. Code Ann. § 47-50-102
- **Heading:** Assignable instruments - Suit by assignee
- **Jurisdiction:** Tennessee
- **Kind:** Statutes
- **Status:** In force
- **Text as of:** August 14, 2026
- **Source:** Compiled text
- **Location:** TN Code / Title 47 / Chapter 50 / Section 47-50-102

## Text

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. Code 1858, § 1967 (deriv. Acts 1801, ch. 6, § 54); Shan., §3516; mod. Code 1932, § 7321; T.C.A. (orig. ed.), §§ 47-801, 47-15-102.
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.
Code 1858, § 1967 (deriv. Acts 1801, ch. 6, § 54); Shan., §3516; mod. Code 1932, § 7321; T.C.A. (orig. ed.), §§ 47-801, 47-15-102.

## Nearby sections

- [Tenn. Code Ann. § 47-50-101 Private and corporation seals abolished](https://www.frixlaw.com/law-library/statutes/STATE_TN_T47_C50_S47-50-101.md)
- [Tenn. Code Ann. § 47-50-102 Assignable instruments - Suit by assignee](https://www.frixlaw.com/law-library/statutes/STATE_TN_T47_C50_S47-50-102.md)
- [Tenn. Code Ann. § 47-50-103 Written contracts prima facie evidence of consideration](https://www.frixlaw.com/law-library/statutes/STATE_TN_T47_C50_S47-50-103.md)
- [Tenn. Code Ann. § 47-50-104 Failure of consideration - Defense](https://www.frixlaw.com/law-library/statutes/STATE_TN_T47_C50_S47-50-104.md)
- [Tenn. Code Ann. § 47-50-105 Nonnegotiable orders for payment of money](https://www.frixlaw.com/law-library/statutes/STATE_TN_T47_C50_S47-50-105.md)
- [Tenn. Code Ann. § 47-50-106 Action on instruments may be joint or several](https://www.frixlaw.com/law-library/statutes/STATE_TN_T47_C50_S47-50-106.md)
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Source: Frix Law Library, https://www.frixlaw.com/law-library/statutes/STATE_TN_T47_C50_S47-50-102. Check the current official text before relying on it. Not legal advice.