State Codes and Statutes

Statutes > Tennessee > Title-26 > Chapter-3 > 26-3-110

26-3-110. Liability on forfeited delivery bond.

The sureties on a forfeited delivery bond shall not be held responsible for more than the value of the property specified in the bond, and not delivered according to its condition; and the value of the property, if not agreed upon, shall be ascertained in a summary way by a jury of five (5) disinterested persons, summoned by the officer making the levy or holding the execution, whose valuation shall be final.

[Code 1858, § 3045 (deriv. Acts 1831, ch. 25, § 1); Shan., § 4773; Code 1932, § 8903; modified; T.C.A. (orig. ed.), § 26-410.]  

State Codes and Statutes

Statutes > Tennessee > Title-26 > Chapter-3 > 26-3-110

26-3-110. Liability on forfeited delivery bond.

The sureties on a forfeited delivery bond shall not be held responsible for more than the value of the property specified in the bond, and not delivered according to its condition; and the value of the property, if not agreed upon, shall be ascertained in a summary way by a jury of five (5) disinterested persons, summoned by the officer making the levy or holding the execution, whose valuation shall be final.

[Code 1858, § 3045 (deriv. Acts 1831, ch. 25, § 1); Shan., § 4773; Code 1932, § 8903; modified; T.C.A. (orig. ed.), § 26-410.]  


State Codes and Statutes

State Codes and Statutes

Statutes > Tennessee > Title-26 > Chapter-3 > 26-3-110

26-3-110. Liability on forfeited delivery bond.

The sureties on a forfeited delivery bond shall not be held responsible for more than the value of the property specified in the bond, and not delivered according to its condition; and the value of the property, if not agreed upon, shall be ascertained in a summary way by a jury of five (5) disinterested persons, summoned by the officer making the levy or holding the execution, whose valuation shall be final.

[Code 1858, § 3045 (deriv. Acts 1831, ch. 25, § 1); Shan., § 4773; Code 1932, § 8903; modified; T.C.A. (orig. ed.), § 26-410.]