Tenn. Code § 47-18-2401

Current through Acts 2023-2024, ch. 1069
Section 47-18-2401 - Notice requirements for unsolicited loans

Unless otherwise agreed, where unsolicited mail that resembles a check is, upon endorsement by the payee, a loan, the payee is under no duty to repay such loan unless such unsolicited mail has upon its face in boldface letters at least one-half inch (1/2") in height the following:

THIS IS A LOAN.

T.C.A. § 47-18-2401

Acts 1999, ch. 395, § 2.