Tennessee § 67-3-501 - Payment by permissive supplier.
Full text of Tennessee Tennessee Code Annotated § 67-3-501 — Payment by permissive supplier., with citation guidance and answers to common questions.
§ 67-3-501. Payment by permissive supplier.
Except as otherwise provided in this part, the taxes imposed by §§ 67-3-201 — 67-3-203 , and the fee imposed by § 67-3-204 , on taxable petroleum products measured by gallons removed from the terminal rack, shall be paid by the licensed permissive supplier, if the supplier has entered into a blanket pre-collection election as provided in § 67-3-503 , or if the supplier has entered into an agreement with a customer whereby Tennessee petroleum products taxes and fees are levied on the sale of fuel to that customer. The taxes and fees are due on or before the twentieth day of the month following the month of removal, unless such day falls on a weekend or state or banking holiday, in which case the taxes and fees are due the next succeeding business day. Acts 1997, ch. 316, § 1; T.C.A., § 67-3-1601 . Compiler's Notes. Former title 67, ch. 3, parts 12-24 were transferred to title 67, ch. 3, parts 1-13 in 2003. See the parallel reference table for former and new section locations in § 67-3-101 . Collateral References. Taxation 371
Source: official Tennessee text · Last verified 2026-08-27
Frequently Asked Questions About Tennessee § 67-3-501
What does Tennessee Code Annotated § 67-3-501 cover?
Section 67-3-501 ("Payment by permissive supplier.") 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 § 67-3-501?
A common citation format is "Tennessee Code Annotated § 67-3-501" (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 § 67-3-501 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.