Tennessee Code Annotated

Tenn. Code Ann. § 47-50-102 (2026)

Assignable instruments - Suit by assignee

✓ current as of May 2026
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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.


Notes of Decisions
Cited in 2 cases, 1996–1996 · leading case: Can Do, Inc. Pension & Profit Sharing Plan & Successor Plans v. Manier, Herod, Hollabaugh & Smith, 922 S.W.2d 865 (Tenn. 1996).
Can Do, Inc. Pension & Profit Sharing Plan & Successor Plans v. Manier, Herod, Hollabaugh & Smith, 922 S.W.2d 865 (Tenn. 1996). · cites it 2× “See Tenn.Code Ann. § 47-50-102 (1995); Berger v.”
Clark v. BP Oil Co., 930 F. Supp. 1196 (E.D. Tenn. 1996). “Tennessee Code Annotated § 47-50-102 provides, “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…”
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