Tennessee § 12-12-107 - Right to contract with state on case-by-case basis.
Full text of Tennessee Tennessee Code Annotated § 12-12-107 — Right to contract with state on case-by-case basis., with citation guidance and answers to common questions.
§ 12-12-107. Right to contract with state on case-by-case basis.
Notwithstanding § 12-12-106 , a person engaged in investment activities in Iran as described in § 12-12-105 , may contract with the state, on a case-by-case basis, if: The investment activities in Iran were made before July 1, 2016, the investment activities in Iran have not been expanded or renewed after July 1, 2016, and the person has adopted, publicized, and is implementing a formal plan to cease the investment activities in Iran and to refrain from engaging in any new investments in Iran; or The state agency makes a determination that the commodities or services are necessary to perform its functions and that, absent such an exemption, the state agency would be unable to obtain the commodities or services for which the contract is offered. Such determination shall be entered into the procurement record. Acts 2016, ch. 817, § 1. Compiler's Notes. Acts 2016, ch. 817, § 2 provided that the secretary of state, in consultation with the attorney general and reporter, shall submit to the attorney general of the United States a written notice describing the act, which enacted this chapter, within thirty (30) days after July 1, 2016.
Source: official Tennessee text · Last verified 2026-08-27
Frequently Asked Questions About Tennessee § 12-12-107
What does Tennessee Code Annotated § 12-12-107 cover?
Section 12-12-107 ("Right to contract with state on case-by-case basis.") 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 § 12-12-107?
A common citation format is "Tennessee Code Annotated § 12-12-107" (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 § 12-12-107 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.