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Tenn. Code Ann. § 8-19-416

Effect of exoneration on previous liabilities

Code 1858, § 792; Shan., § 1113; Code 1932, § 1855; T.C.A

The exoneration of the applicant sureties does not affect the previous liability of any of the obligors in the original bond; nor are any of the obligors who have not joined in such application discharged from any liability accruing after the filing of such additional bond, and the obligors who are not exonerated are liable to any person injured by a breach of such bonds, upon either or all of such bonds, according to § 8-19-407.

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.