Tennessee § 47-12-107 - Continuing guaranty or suretyship agreements — Future obligations.
Full text of Tennessee Tennessee Code Annotated § 47-12-107 — Continuing guaranty or suretyship agreements — Future obligations., with citation guidance and answers to common questions.
§ 47-12-107. Continuing guaranty or suretyship agreements — Future obligations.
Notwithstanding any law to the contrary, no continuing guaranty or suretyship agreement which guarantees the performance of all present and future obligations shall be enforceable against a surety unless the individual or organization agrees in writing to guarantee the future obligation; provided, that no additional writing or guarantee shall be required, at the time of the advance, for advances which are permitted pursuant to the terms of the guaranty or suretyship agreement. This section only applies when the indebtedness of the principal debtor arises from personal obligations, and do not apply when the indebtedness arises from commercial obligations. Acts 1986, ch. 808, § 1. Law Reviews. Selected Tennessee Legislation of 1986, 54 Tenn. L. Rev. 457 (1987). Cited: In re Lemka, 201 B.R. 765, 1996 Bankr. LEXIS 1333 (Bankr. E.D. Tenn. 1996).
Source: official Tennessee text · Last verified 2026-08-27
Frequently Asked Questions About Tennessee § 47-12-107
What does Tennessee Code Annotated § 47-12-107 cover?
Section 47-12-107 ("Continuing guaranty or suretyship agreements — Future obligations.") 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 § 47-12-107?
A common citation format is "Tennessee Code Annotated § 47-12-107" (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 § 47-12-107 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.