Legal Definitions - stayor

Definition: STAYOR is a legal term used in Tennessee law. It refers to a person who acts as a surety for a judgment.

Example: If a person is ordered by a court to pay a certain amount of money to another person, but they are unable to pay, they may ask someone to act as a STAYOR. The STAYOR would then be responsible for paying the amount owed if the original person cannot.

Explanation: The example illustrates how a STAYOR can be used in a legal situation. It shows that a STAYOR is someone who agrees to take on the financial responsibility of a judgment if the original person cannot pay. This can be helpful for someone who is unable to pay a judgment on their own, but has someone willing to help them out.