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66-28-516 - Obligation of good faith.

66-28-516. Obligation of good faith.

Every duty under this chapter and every act which must be performed as a condition precedent to the exercise of a right or remedy under this chapter imposes an obligation of good faith in its performance or enforcement.

[Acts 1975, ch. 245, § 1.302; T.C.A., § 64-2856.]  

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