Tennessee § 47-25-1218 - Deposit in lieu of bond.
Full text of Tennessee Tennessee Code Annotated § 47-25-1218 — Deposit in lieu of bond., with citation guidance and answers to common questions.
§ 47-25-1218. Deposit in lieu of bond.
In lieu of furnishing the bond required by § 47-25-1217 , the invention developer may deposit with the secretary of state a cash deposit in the like amount. This cash deposit may be satisfied by any of the following: Certificates of deposit payable to the secretary of state issued by banks doing business in this state and insured by the federal deposit insurance corporation; Investment certificates of share accounts assigned to the secretary of state and issued by a savings and loan association doing business in this state and insured by the federal deposit insurance corporation; Bearer bonds issued by the United States government or by this state; or Cash deposited with the secretary of state. Acts 1977, ch. 436, § 22; T.C.A., § 47-20-118 .
Source: official Tennessee text · Last verified 2026-08-27
Frequently Asked Questions About Tennessee § 47-25-1218
What does Tennessee Code Annotated § 47-25-1218 cover?
Section 47-25-1218 ("Deposit in lieu of bond.") 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 § 47-25-1218?
A common citation format is "Tennessee Code Annotated § 47-25-1218" (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 § 47-25-1218 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.