Tennessee Code Annotated
Tenn. Code Ann. § 29-7-105 (2026)
Liability on instrument
✓ current as of May 2026
The garnishee shall not be made liable upon a debt due by negotiable or assignable paper, unless such paper is delivered, or the garnishee completely exonerated or indemnified from all liability thereon, after the garnishee may have satisfied the judgment or decree.
Code 1858, § 3495; Shan., § 5255; Code 1932, § 9446; T.C.A. (orig. ed.), § 23-705.
Notes of Decisions
Cited in 1
case, 1994–1994 · leading case: Pepper/Holt Jt. Venture v. Roderick Grp., Inc. (In re Hodevco, Inc.), 165 B.R. 855 (Bankr. M.D. Tenn. 1994).
Pepper/Holt Jt. Venture v. Roderick Grp., Inc. (In re Hodevco, Inc.), 165 B.R. 855 (Bankr. M.D. Tenn. 1994). “For a judgement to be properly attached to an instrument by garnishment, the gar-nishor must follow the formalities of Tenn. Code Ann. § 29-7-105 which states: “The garnishee shall not be made liable upon a debt due by negotiable or assignable paper, unless such paper is…”
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