Tennessee § 41-8-112 - Repayment of loans — County's failure to remit.
Full text of Tennessee Tennessee Code Annotated § 41-8-112 — Repayment of loans — County's failure to remit., with citation guidance and answers to common questions.
§ 41-8-112. Repayment of loans — County's failure to remit.
The county shall pledge its full faith and credit for the repayment of a loan pursuant to this chapter. In the event any county having entered into a loan contract pursuant to this chapter fails to remit funds in accordance with any amortization schedule established for the loan, the commissioner of finance and administration shall deliver by certified mail a written notice of the failure to the county. In the event the county fails to remit the amount set forth in the notice within sixty (60) days of the receipt of the notice, the commissioner of finance and administration may, without further authorization, withhold that sum or part of that sum from any state-shared taxes that are otherwise apportioned to the county. Acts 1981, ch. 491, § 12; T.C.A., § 41-10-112 .
Source: official Tennessee text · Last verified 2026-08-27
Frequently Asked Questions About Tennessee § 41-8-112
What does Tennessee Code Annotated § 41-8-112 cover?
Section 41-8-112 ("Repayment of loans — County's failure to remit.") 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 § 41-8-112?
A common citation format is "Tennessee Code Annotated § 41-8-112" (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 § 41-8-112 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.