Tennessee § 9-4-102 - Default.
Full text of Tennessee Tennessee Code Annotated § 9-4-102 — Default., with citation guidance and answers to common questions.
§ 9-4-102. Default.
“Default” may include, but is not limited to: The failure of any state depository to return any state deposit, including earned interest, in accordance with the terms of the deposit contract; The failure of any state depository to pay any check, draft or warrant drawn by the state treasurer; The failure of any state depository to honor any request for electronic transfer of funds to the state; The failure of any state depository to account for any check, draft, warrant, order, deposit certificate or money entrusted to it by the state; The issuance of any order of any court or the taking of any formal action by any supervisory authority, which has the effect of restraining a state depository from making payments of deposit liabilities; The appointment of a receiver for a state depository; or Any other action which the state treasurer determines to place state deposits in jeopardy. Acts 1985, ch. 118, § 14. Compiler's Notes. Former § 9-4-102 (Code 1858, § 230 (deriv. Acts 1835-1836, ch. 27, § 10); Shan., § 278; Code 1932, § 222; mod. C. Supp. 1950, § 222; T.C.A. (orig. ed.), § 9-402; Acts 1983, ch. 91, § 3), concerning deposit of receipts by treasurer, was repealed by Acts 1985, ch. 118, § 12. For new law generally, see parts 1-3 of this chapter. Cross-References. Default, § 9-4-406 .
Frequently Asked Questions About Tennessee § 9-4-102
What does Tennessee Code Annotated § 9-4-102 cover?
Section 9-4-102 ("Default.") 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 § 9-4-102?
A common citation format is "Tennessee Code Annotated § 9-4-102" (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 § 9-4-102 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.