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2019 Tennessee Code
Title 9 - Public Finances
Chapter 4 - State Funds, State Budget and Appropriations
Part 1 - Definitions
§ 9-4-104. Loss.
Universal Citation: TN Code § 9-4-104 (2019)
- “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.
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