Tennessee § 69-5-818 - Date assessments become delinquent — Penalty and interest.
Full text of Tennessee Tennessee Code Annotated § 69-5-818 — Date assessments become delinquent — Penalty and interest., with citation guidance and answers to common questions.
§ 69-5-818. Date assessments become delinquent — Penalty and interest.
The assessment levied under this chapter shall become due and payable, and shall be delinquent at the same time as state and county taxes become due and delinquent. On November 15 after such assessments become delinquent, a penalty of ten percent (10%) of the amount of such assessments shall accrue on the delinquency, and in addition such assessments shall bear interest at the legal rate from the date they are delinquent until paid, to pay the cost of collecting them so as to hold the district harmless. Acts 1909, ch. 185, § 32a, as added by Acts 1923, ch. 73, § 2; 1925, ch. 93, § 1; Shan. Supp., § 3871a122b2; Code 1932, § 4353; T.C.A. (orig. ed.), § 70-1322; T.C.A. § 69-6-818 .
Source: official Tennessee text · Last verified 2026-08-27
Frequently Asked Questions About Tennessee § 69-5-818
What does Tennessee Code Annotated § 69-5-818 cover?
Section 69-5-818 ("Date assessments become delinquent — Penalty and interest.") is part of the Tennessee Code Annotated, the codified statutory law of Tennessee. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Tennessee § 69-5-818?
A common citation format is "Tennessee Code Annotated § 69-5-818" (Tennessee). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Tennessee law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Tennessee official source linked on this page or consult a licensed Tennessee attorney.
How does Tennessee § 69-5-818 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Tennessee can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Tennessee.