Tennessee Code Annotated
Tenn. Code Ann. § 47-3-412 (2026)
Obligation of issuer of note or cashier's check
✓ current as of May 2026
The issuer of a note or cashier's check or other draft drawn on the drawer is obliged to pay the instrument (i) according to its terms at the time it was issued or, if not issued, at the time it first came into possession of a holder, or (ii) if the issuer signed an incomplete instrument, according to its terms when completed, to the extent stated in §§ 47-3-115 and 47-3-407. The obligation is owed to a person entitled to enforce the instrument or to an endorser who paid the instrument under § 47-3-415.
Acts 1995, ch. 397, § 2.
Notes of Decisions
Cited in 1
case, 2004–2004 · leading case: Harrah's Ent., Inc. v. Ace Am. Ins., 100 F. App'x 387 (6th Cir. 2004).
Harrah's Ent., Inc. v. Ace Am. Ins., 100 F. App'x 387 (6th Cir. 2004). “See Tenn.Code Ann. § 47-3-412 (U.C.C. § 3-412); id.”
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