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Terms Used In Tennessee Code 8-19-415

  • Liabilities: The aggregate of all debts and other legal obligations of a particular person or legal entity.

Every such additional bond, approved and filed as provided in §§ 8-19-409 – 8-19-419, is binding on the obligors from the time of its approval, and subjects them to the same liabilities, proceedings, and remedies as are provided in relation to the first official bond of such officer.