Tennessee § 12-4-703 - When payment required.
Full text of Tennessee Tennessee Code Annotated § 12-4-703 — When payment required., with citation guidance and answers to common questions.
§ 12-4-703. When payment required.
An agency which acquires property or services pursuant to a contract with a business shall pay for each complete delivered item of property or service in accordance with the contract between the business and agency or, if no date or other provision for payment is specified by contract, within forty-five (45) days after receipt of the invoice covering the delivered items or services. Acts 1985, ch. 57, § 1.
Frequently Asked Questions About Tennessee § 12-4-703
What does Tennessee Code Annotated § 12-4-703 cover?
Section 12-4-703 ("When payment required.") 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 § 12-4-703?
A common citation format is "Tennessee Code Annotated § 12-4-703" (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 § 12-4-703 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.