§ 47-4-401 When bank may charge customer’s account
§ 47-4-402 Bank’s liability to customer for wrongful dishonor – Time of determining insufficiency of account
§ 47-4-403 Customer’s right to stop payment – Burden of proof of loss
§ 47-4-404 Bank not obliged to pay check more than six months old
§ 47-4-405 Death or incompetence of customer
§ 47-4-406 Customer’s duty to review statements of account
§ 47-4-407 Payor bank’s right to subrogation on improper payment
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Terms Used In Tennessee Code > Title 47 > Chapter 4 > Part 4 - Relationship Between Payor Bank and Its Customer

  • Account: means any deposit or credit account with a bank, including a demand, time, savings, passbook, share draft, or like account, other than an account evidenced by a certificate of deposit. See Tennessee Code 47-4-104
  • Arrest: Taking physical custody of a person by lawful authority.
  • Customer: means a person having an account with a bank or for whom a bank has agreed to collect items, including a bank that maintains an account at another bank. See Tennessee Code 47-4-104
  • Damages: Money paid by defendants to successful plaintiffs in civil cases to compensate the plaintiffs for their injuries.
  • Item: means an instrument or a promise or order to pay money handled by a bank for collection or payment. See Tennessee Code 47-4-104
  • Obligation: An order placed, contract awarded, service received, or similar transaction during a given period that will require payments during the same or a future period.
  • Person: includes a corporation, firm, company or association. See Tennessee Code 1-3-105
  • signed: includes a mark, the name being written near the mark and witnessed, or any other symbol or methodology executed or adopted by a party with intention to authenticate a writing or record, regardless of being witnessed. See Tennessee Code 1-3-105
  • Year: means a calendar year, unless otherwise expressed. See Tennessee Code 1-3-105