State Codes and Statutes

Statutes > Tennessee > Title-43 > Chapter-29 > 43-29-116

43-29-116. Personal debt Penalties Collection.

Any amount withheld, or that should have been withheld, by the purchaser due to an assessment shall be a personal debt of the purchaser. If the purchaser's monthly payments to the commissioner are not timely made, a penalty of ten percent (10%) of the amount due shall be imposed. The commissioner may bring a civil action against the purchaser for collection of the debt and the above specified ten percent (10%) penalty.

[Acts 1985, ch. 188, § 16.]  

State Codes and Statutes

Statutes > Tennessee > Title-43 > Chapter-29 > 43-29-116

43-29-116. Personal debt Penalties Collection.

Any amount withheld, or that should have been withheld, by the purchaser due to an assessment shall be a personal debt of the purchaser. If the purchaser's monthly payments to the commissioner are not timely made, a penalty of ten percent (10%) of the amount due shall be imposed. The commissioner may bring a civil action against the purchaser for collection of the debt and the above specified ten percent (10%) penalty.

[Acts 1985, ch. 188, § 16.]  


State Codes and Statutes

State Codes and Statutes

Statutes > Tennessee > Title-43 > Chapter-29 > 43-29-116

43-29-116. Personal debt Penalties Collection.

Any amount withheld, or that should have been withheld, by the purchaser due to an assessment shall be a personal debt of the purchaser. If the purchaser's monthly payments to the commissioner are not timely made, a penalty of ten percent (10%) of the amount due shall be imposed. The commissioner may bring a civil action against the purchaser for collection of the debt and the above specified ten percent (10%) penalty.

[Acts 1985, ch. 188, § 16.]