Tennessee § 69-5-931 - County trustee's compensation.
Full text of Tennessee Tennessee Code Annotated § 69-5-931 — County trustee's compensation., with citation guidance and answers to common questions.
§ 69-5-931. County trustee's compensation.
The county trustee, for receiving and paying out money received from the sale of bonds and warrants issued and sold under this part, shall be entitled to a commission of one half of one percent (0.5%) for receiving the same, and one half of one percent (0.5%) for paying out the same. The trustee shall pay over to the trustee's successor in office any of the moneys and funds remaining in the trustee's hands at the expiration of the trustee's term of office, when the successor trustee has executed bond, as provided by § 69-5-908 . It is the duty of such succeeding trustee to execute such bond, and for failure to do so, the succeeding trustee shall be liable to the penalties provided by § 69-5-908 . Whichever trustee actually disburses the funds so arising from the sale of bonds or warrants shall be entitled to the commission of one half of one percent (0.5%); provided, that the succeeding trustee shall not be entitled to any commissions for receiving such funds from the predecessor trustee. Acts 1913 (1st Ex. Sess.), ch. 25, § 12; Shan., § 3871a140; Code 1932, § 4375; T.C.A. (orig. ed.), § 70-1432; T.C.A. § 69-6-931 .
Frequently Asked Questions About Tennessee § 69-5-931
What does Tennessee Code Annotated § 69-5-931 cover?
Section 69-5-931 ("County trustee's compensation.") 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 § 69-5-931?
A common citation format is "Tennessee Code Annotated § 69-5-931" (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 § 69-5-931 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.