Tenn. Code § 43-20-213

Current through Acts 2023-2024, ch. 1069
Section 43-20-213 - Personal debt of purchaser - Late payment penalty

Any amount withheld, or that should have been withheld, by the purchaser due to the assessment shall be a personal debt of the purchaser. If the purchaser's monthly payments to the board are not timely made, a penalty of ten percent (10%) of the amount due shall be imposed. The board is authorized to collect assessments due by any legal proceeding in a court of competent jurisdiction.

T.C.A. § 43-20-213

Acts 1985, ch. 108, § 13; 1991, ch. 157, § 4.