Amends TCA Title 26; Title 45 and Title 47.
Tennessee HB0745 amends various provisions in the Tennessee Code Annotated regarding garnishment procedures and warranties related to negotiable instruments and bank deposits. The bill affects garnishees, judgment debtors, and warrantors by revising the timeline for garnishees to respond to garnishments and modifying the requirements for notifying judgment debtors. Key changes include reducing the response time for garnishees from five to two business days and stipulating that reasonable attorney fees may be included in damages for breach of warranty claims if the warrantor fails to respond within 30 days.
Tennessee HB0745 amends various provisions in the Tennessee Code Annotated regarding garnishment procedures and warranties related to negotiable instruments and bank deposits. The bill affects garnishees, judgment debtors, and warrantors by revising the timeline for garnishees to respond to garnishments and modifying the requirements for notifying judgment debtors. Key changes include reducing the response time for garnishees from five to two business days and stipulating that reasonable attorney fees may be included in damages for breach of warranty claims if the warrantor fails to respond within 30 days.
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