Tennessee Statutes

§ 26-3-106 — Order of levy on parties secondarily liable

Tennessee·Title 26
(a)After exhausting the property of the principal, it shall be the duty of the officer to subject the property of the other parties in the order of their liability on the debt or contract.
(b)The party subsequently liable shall, if requested by the officers, show the property of the prior liable party to secure the benefit of this section.

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Legislative History

Code 1858, § 3030 (deriv. Acts 1843-1844, ch. 32, § 1); Shan., §4758; Code 1932, § 8891; T.C.A. (orig. ed.), § 26-406.

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