Tennessee § 47-13-120 - Time for presenting claims — Notice.

Full text of Tennessee Tennessee Code Annotated § 47-13-120 — Time for presenting claims — Notice., with citation guidance and answers to common questions.

§ 47-13-120. Time for presenting claims — Notice.

A trustee under a general assignment made for the benefit of creditors shall give notice for a reasonable time by advertisement for four (4) consecutive issues in the nearest newspaper to or within the county in which the trustee is qualified, and by posting at the courthouse door of the county, for all persons having claims secured by the assignment to present the claims to the trustee, taking the trustee's receipt therefor, on or before a day fixed in such notice, which day shall not be less than twelve (12) months after the day of notice. Any claims not presented to the trustee on or before the day so fixed, or before an appropriation of the trust funds, shall be forever barred, both in law and equity. Acts 1891, ch. 184, § 1; Shan., § 3528; mod. Code 1932, § 7792; T.C.A. (orig. ed.), § 47-1520.

Source: official Tennessee text · Last verified 2026-08-27

Frequently Asked Questions About Tennessee § 47-13-120

What does Tennessee Code Annotated § 47-13-120 cover?

Section 47-13-120 ("Time for presenting claims — Notice.") 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 § 47-13-120?

A common citation format is "Tennessee Code Annotated § 47-13-120" (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 § 47-13-120 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.