Tennessee Statutes
§ 61-1-104 — Supplemental principles of law
Tennessee·Title 61
(a)Unless displaced by particular provisions of this chapter, the principles of law and equity supplement this chapter.
(b)If an obligation to pay interest arises under this chapter and the rate is not specified, the rate is the applicable federal rate as determined from time to time by the United States treasury pursuant to 26 U.S.C. § 1274(d) or any successor law.
(c)The rule that statutes in derogation of the common law are to be strictly construed shall have no application to this chapter.
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Related
Tenn-Fla Partners v. Shelton
233 S.W.3d 825 (Court of Appeals of Tennessee, 2007)
Sharon Kay Story v. Mark Steven Meadows
(Court of Appeals of Tennessee, 2020)
Legislative History
Acts 2001, ch. 353.
Nearby Sections
15
§ 61-1-1002
Registered office - Registered agent§ 61-1-1003
Name§ 61-1-1006
Certificate of existence§ 61-1-101
Chapter definitions§ 61-1-102
Knowledge and notice§ 61-1-104
Supplemental principles of law§ 61-1-106
Governing law§ 61-1-1201
Uniformity of application and construction§ 61-1-1202
Short title