General Assignments — Prior Judgment by Confession or Default

  1. Law
  2. Tennessee Code
  3. Commercial Instruments and Transactions
  4. Assignments for Benefit of Creditors
  5. General Assignments — Prior Judgment by Confession or Default

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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.


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