Tennessee Code Annotated

Tenn. Code Ann. § 47-50-103 (2026)

Written contracts prima facie evidence of consideration

✓ current as of May 2026
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All contracts in writing signed by the party to be bound, or the party's authorized agent and attorney, are prima facie evidence of a consideration.

Code 1858, §1805; Shan., § 3214; Code 1932, § 7829; T.C.A. (orig. ed.), §§ 47-1702, 47-15-103.


Notes of Decisions
Cited in 23 cases (6 in the last 5 years), 1984–2026 · leading case: In Re Est. of Ina Ruth Brown, 402 S.W.3d 193 (Tenn. 2013).
In Re Est. of Ina Ruth Brown, 402 S.W.3d 193 (Tenn. 2013). · cites it 4× “Tenn. Code Ann. § 47-50-103 (2001). Thus, the party claiming a lack of consideration for a validly executed contract has the burden of overcoming this presumption.”
Pyburn v. Bill Heard Chevrolet, 63 S.W.3d 351 (Tenn. Ct. App. 2001). · cites it 2× “” T.C.A. § 47-50-103. The burden of overcoming this presumption of consideration in a validly executed contract is upon the party asserting a lack of consideration.”
Pinney v. Tarpley, 686 S.W.2d 574 (Tenn. Ct. App. 1984). · cites it 3× “TCA § 47-50-103. The want of consideration may be shown as a defense in an action on a contract between the parties.”
Buraczynski v. Eyring, 919 S.W.2d 314 (Tenn. 1996). · cites it 2× “See Tenn.Code Ann. § 47-50-103 (1995); Rodgers v.”
Atkins v. Kirkpatrick, 823 S.W.2d 547 (Tenn. Ct. App. 1991). · cites it 2× “T.C.A. § 47-50-103. The burden of overcoming the presumption of consideration in a validly executed contract is upon the party asserting lack of consideration.”
Brubaker v. Barrett, 801 F. Supp. 2d 743 (E.D. Tenn. 2011). · cites it 2× “” T.C.A. § 47-50-103. The Arbitration Form — which was located on a separate page from the rest of the Arbitration Agreement — stated the following: I agree that, in the event that I have any employment related legal claims, I will submit them to final and binding neutral…”
Joyner v. Johnson (In Re Johnson), 187 B.R. 598 (E.D. Tenn. 1994). · cites it 2× “” T.C.A. § 47-50-103. This court’s rulings stated above render it unnecessary to address the bank’s additional argument that Ms.”
Holt v. Wilmoth, 336 S.W.3d 234 (Tenn. Ct. App. 2010). · cites it 2× “§ 47-50-104 (2001)(recognizing “want or failure” of consideration as a defense), with Tenn.Code Ann. § 47-50-103 (2001)(recognizing a presumption of consideration to support any written contract); see also Pyburn v.”
Shawn Thacker v. Sheila Marie Wilbanks (Tenn. Ct. App. 2020). · cites it 2× “” See Tenn. Code Ann. § 47-50-103 ; Cumberland Properties, LLC v.”
Kim Renae Nelson v. Loring E. Just. (Tenn. Ct. App. 2021). · cites it 2× “” See Tenn. Code Ann. § 47-50-103 ; Cumberland Properties, LLC v.”
Pugh v. Lady Jane's Haircuts for Men Holding Co., LLC (M.D. Tenn. 2023). · cites it 2× “2011) (quoting Tenn. Code Ann. § 47-50-103 ). Thus, “in the absence of fraud[,] [a]n individual who signs a contract is presumed to have read the contract and is bound by its contents.”
Condon v. Vanderbilt Univ. Med. Ctr. (M.D. Tenn. 2023). · cites it 2× “2001); T.C.A. § 47-50-103 10 Defendant and Plaintiff do not appear to dispute that Tennessee law applies to the interpretation of the Agreement.”
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