Notice to any bank of an adverse claim to a deposit standing on its books to the credit of any person shall not be effectual to cause the bank to recognize the adverse claimant unless the adverse claimant shall procure a restraining order, injunction or other appropriate process against the bank from a court of competent jurisdiction.
Tenn. Code Ann. § 45-2-706
Adverse claim to bank deposit
Applied in 1 court decision — leading case Helms v. Tennessee Department of Safety (1999)
Most recently applied in Helms v. Tennessee Department of Safety (January 1999)
Acts 1969, ch. 36, § 1 (3.207); T.C.A., § 45-410.
Current official text: Tennessee Code (LexisNexis). Digitized from the UniCourt Code Improvement Commission public-domain capture. Reproduced from public-domain Tennessee statutes; confirm against the official source for the current text. Not legal advice.