• (a) Every final decree of divorce granted on any fault ground of divorce and every marital dissolution agreement shall contain a notice that the decree does not necessarily affect the ability of a creditor to proceed against a party or a party’s property, even though the party is not responsible under the terms of the decree for an account, any debt associated with an account or any debt. The notice shall also state that it may be in a party’s best interest to cancel, close or freeze any jointly held accounts.

  • Terms Used In Tennessee Code 36-4-134

    • Property: includes both personal and real property. See Tennessee Code 1-3-105
    • State: when applied to the different parts of the United States, includes the District of Columbia and the several territories of the United States. See Tennessee Code 1-3-105

    (b) Failure to include the notice required by subsection (a) shall not affect the validity of the decree of divorce, legal separation or annulment.