Tennessee § 56-15-115 Noncompliance with chapter - Penalty

Tennessee Statutes

§ 56-15-115 — Noncompliance with chapter - Penalty

Tennessee § 56-15-115

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This text of Tennessee § 56-15-115 (Noncompliance with chapter - Penalty) is published on Counsel Stack Legal Research, covering Tennessee primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Tenn. Code Ann. § 56-15-115 (2026).

Text

A company that fails to comply with §§ 56-15-102 - 56-15-107 and 56-15-112 - 56-15-114, shall forfeit to the state, for every failure, not less than five hundred dollars ($500) nor more than five thousand dollars ($5,000), to be recovered by suit in the name of the state of Tennessee, in the same courts in which suit may be brought against the company under this chapter, and the failure shall not affect the validity of any contract entered into by the company.

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A company that fails to comply with §§ 56-15-102 - 56-15-107 and 56-15-112 - 56-15-114, shall forfeit to the state, for every failure, not less than five hundred dollars ($500) nor more than five thousand dollars ($5,000), to be recovered by suit in the name of the state of Tennessee, in the same courts in which suit may be brought against the company under this chapter, and the failure shall not affect the validity of any contract entered into by the company.