Tennessee § 34-5-113 - Compensation of guardians.
Full text of Tennessee Tennessee Code Annotated § 34-5-113 — Compensation of guardians., with citation guidance and answers to common questions.
§ 34-5-113. Compensation of guardians.
Compensation payable to guardians shall be based upon services rendered and shall not exceed seven percent (7%) of the amount of moneys received during the period covered by the account; provided, that the court may approve compensation of not to exceed two hundred fifty dollars ($250) per year in any case in which seven percent (7%) of the income is less than that amount and does not, in the opinion of the court, adequately compensate the guardian for the services rendered during the year. In the event of extraordinary services by any guardian, the court, upon petition and hearing on the petition, may authorize reasonable additional compensation for those services. A copy of the petition and notice of hearing on the petition shall be given to the proper office of the veterans administration in the manner provided in the case of hearing on a guardian's account or other pleading. No commission or compensation shall be allowed on the moneys or other assets received from a prior guardian, nor upon the principal amount received from liquidation of loans, or from other investments. Acts 1943, ch. 90, § 12; C. Supp. 1950, § 8558.13 (Williams, § 8551); Acts 1963, ch. 221, § 1; T.C.A. (orig. ed.), § 34-913; Acts 1987, ch. 322, § 17.
Source: official Tennessee text · Last verified 2026-08-27
Frequently Asked Questions About Tennessee § 34-5-113
What does Tennessee Code Annotated § 34-5-113 cover?
Section 34-5-113 ("Compensation of guardians.") 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 § 34-5-113?
A common citation format is "Tennessee Code Annotated § 34-5-113" (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 § 34-5-113 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.