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Current as of January 02, 2024 | Updated by Findlaw Staff
“Loss” includes, but is not limited to:
(1) The principal amount of the state deposit;
(2) All accrued interest through the date of default;
(3) Additional interest at the rate the state deposit was earning on the total of subdivisions (1) and (2) through the day of payment to the state by a liquidator or other third party or through the date of sale by the state treasurer or the state treasurer's agent; and
(4) Attorney's fees incurred in recovering state deposits.
Cite this article: FindLaw.com - Tennessee Code Title 9. Public Finances § 9-4-104 - last updated January 02, 2024 | https://codes.findlaw.com/tn/title-9-public-finances/tn-code-sect-9-4-104/
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature before relying on it for your legal needs.
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