47-50-103 - Written contracts prima facie evidence of consideration.

47-50-103. Written contracts prima facie evidence of consideration.

All contracts in writing signed by the party to be bound, or the party's authorized agent and attorney, are prima facie evidence of a consideration.

[Code 1858, § 1805; Shan., § 3214; Code 1932, § 7829; T.C.A. (orig. ed.), §§ 47-1702, 47-15-103.]