Tennessee § 16-15-731 - Actions in the nature of interpleader.
Full text of Tennessee Tennessee Code Annotated § 16-15-731 — Actions in the nature of interpleader., with citation guidance and answers to common questions.
§ 16-15-731. Actions in the nature of interpleader.
Notwithstanding any rule of court or any law to the contrary, actions in the nature of interpleader, in which the value of the money that is the subject of the action does not exceed the jurisdictional limit of the general sessions court, may be filed in general sessions court under this part. Any such action involving money in the custody or possession of a person acting in the capacity of a real estate broker may be filed on forms prescribed by the Tennessee real estate commission pursuant to its authority under § 62-13-203. The failure of a competing claimant to recover in an interpleader action shall not be considered as a judgment against the competing claimant, and shall not be used to impair the credit of the claimant. Acts 1987, ch. 331, § 1; 1988, ch. 523, § 1; 1991, ch. 338, §§ 1, 2; 1993, ch. 241, § 49; T.C.A., § 19-1-121 . Attorney General Opinions. Interpleader actions by real estate brokers as unauthorized practice of law. OAG 14-08, 2014 Tenn. AG LEXIS 8 (1/14/14).
Source: official Tennessee text · Last verified 2026-08-27
Frequently Asked Questions About Tennessee § 16-15-731
What does Tennessee Code Annotated § 16-15-731 cover?
Section 16-15-731 ("Actions in the nature of interpleader.") is part of the Tennessee Code Annotated, the codified statutory law of Tennessee. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Tennessee § 16-15-731?
A common citation format is "Tennessee Code Annotated § 16-15-731" (Tennessee). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Tennessee law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Tennessee official source linked on this page or consult a licensed Tennessee attorney.
How does Tennessee § 16-15-731 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Tennessee can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Tennessee.