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BankersOnline.com Forums State-Specific Compliance Issues Tennessee Death of only Note signer
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#1355657 - 03/11/10 02:36 PM Death of only Note signer
Sage Offline
Platinum Poster
Joined: Aug 2005
Posts: 914
An attorney is telling us that we cannot continue to accrue interest on a loan where the sole note signer is now deceased. Are you familiar with this? Can anyone quote me a statute?

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#1355798 - 03/11/10 04:04 PM Re: Death of only Note signer Sage
OnTheEdge Offline
Diamond Poster
Joined: Apr 2002
Posts: 1,677
SmallTown, USA
If you are a TBA member contact one of the attorneys there.

LEGAL / GOVERNMENT RELATIONS
Timothy L. Amos, Senior Vice President/General Counsel - timamos@TNBankers.org
Amy Smith, Associate Counsel - asmith@TNBankers.org
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