Tenn. Code Ann. § 29-33-114
Contribution between sureties
Last amended: 1809Year: 2026Length: 160 words
The sureties, in either bond who have been compelled to make payments thereon for the principal, have the same remedies against the sureties in all the bonds in force at the time of default, as cosureties in the same bond have against each other, the recovery being properly proportioned according to the penalties of the several bonds. Code 1858, § 3678 (deriv. Acts 1809 (Sept.), ch. 69, § 3); Shan., §5448; Code 1932, § 9610; T.C.A. (orig. ed.), § 23-2714.
The sureties, in either bond who have been compelled to make payments thereon for the principal, have the same remedies against the sureties in all the bonds in force at the time of default, as cosureties in the same bond have against each other, the recovery being properly proportioned according to the penalties of the several bonds.
Code 1858, § 3678 (deriv. Acts 1809 (Sept.), ch. 69, § 3); Shan., §5448; Code 1932, § 9610; T.C.A. (orig. ed.), § 23-2714.