Tennessee § 24-7-107 - Settlements of debts.
Full text of Tennessee Tennessee Code Annotated § 24-7-107 — Settlements of debts., with citation guidance and answers to common questions.
§ 24-7-107. Settlements of debts.
All settlements in writing, made in good faith, for the composition of debts, shall be taken as evidence, and held to operate according to the intention of the parties, although no release under seal is given, and no new consideration has passed. Code 1858, § 3790; Shan., § 5571; Code 1932, § 9742; T.C.A. (orig. ed.), § 24-707. Textbooks. Tennessee Jurisprudence, 6 Tenn. Juris., Compromise and Settlement, § 9; 21 Tenn. Juris., Release, §§ 4, 5, 8. Law Reviews. Accord and Satisfaction — Release — Check Tendered in Full Payment of Liquidated Debt and Subsequently Endorsed Under Protest by Creditor Operates as a Written Release, 1 Mem. St. U.L. Rev. 425.
Source: official Tennessee text · Last verified 2026-08-27
Frequently Asked Questions About Tennessee § 24-7-107
What does Tennessee Code Annotated § 24-7-107 cover?
Section 24-7-107 ("Settlements of debts.") 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 § 24-7-107?
A common citation format is "Tennessee Code Annotated § 24-7-107" (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 § 24-7-107 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.