Tennessee § 13-22-111 - Guaranty account.
Full text of Tennessee Tennessee Code Annotated § 13-22-111 — Guaranty account., with citation guidance and answers to common questions.
§ 13-22-111. Guaranty account.
The agency shall establish a special account, to be known as the guaranty account, and shall pay into this account all moneys appropriated and made available by the state for the purposes of the account, and other moneys which may be made available for the purposes of the account from any other source. All moneys held in the guaranty account shall be used by the agency to meet its liabilities on contracts made by it pursuant to § 13-22-112 and upon such terms and conditions as the agency may prescribe. Acts 1973, ch. 313, § 11; 1975, ch. 339, § 9; T.C.A., § 13-2211; Acts 1988, ch. 901, § 4.
Frequently Asked Questions About Tennessee § 13-22-111
What does Tennessee Code Annotated § 13-22-111 cover?
Section 13-22-111 ("Guaranty account.") 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 § 13-22-111?
A common citation format is "Tennessee Code Annotated § 13-22-111" (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 § 13-22-111 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.