47-11-106 - Transfer of contracts.

47-11-106. Transfer of contracts.

Any retail seller may assign, pledge, hypothecate, or otherwise transfer a retail installment contract or retail charge agreement to any person, firm, or corporation on such terms and conditions and for such price as may be mutually agreed upon.

[Acts 1961, ch. 110, § 1; T.C.A., § 47-1906; Acts 1963, ch. 81, § 1 (10-104).]