Tennessee § 34-5-115 - Time allowed to make investment.
Full text of Tennessee Tennessee Code Annotated § 34-5-115 — Time allowed to make investment., with citation guidance and answers to common questions.
§ 34-5-115. Time allowed to make investment.
Pending time the investments are being made by the guardian, the guardian shall not be chargeable with interest; provided, that the guardian shall not be allowed more than four (4) months in which to make the investment. If the guardian does not make specified investments in or on the securities named in § 34-5-114 , the guardian shall be charged with the rate of interest, not exceeding six percent (6%) as the court in which the guardianship is pending may determine to be the fair value of the use of money at that time. Acts 1943, ch. 90, § 14; C. Supp. 1950, § 8558.15 Williams (§ 8552.1); T.C.A. (orig. ed.), § 34-915.
Source: official Tennessee text · Last verified 2026-08-27
Frequently Asked Questions About Tennessee § 34-5-115
What does Tennessee Code Annotated § 34-5-115 cover?
Section 34-5-115 ("Time allowed to make investment.") 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 § 34-5-115?
A common citation format is "Tennessee Code Annotated § 34-5-115" (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 § 34-5-115 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.