Tennessee Code 47-13-106 – Failure to settle – Penalty
Current as of: 2024 | Check for updates
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Attorney's Note
Under the Tennessee Code, punishments for crimes depend on the classification. In the case of this section:| Class | Prison | Fine |
|---|---|---|
| class A misdemeanor | up to 11 months | up to $2,500 |
Terms Used In Tennessee Code 47-13-106
- Indictment: The formal charge issued by a grand jury stating that there is enough evidence that the defendant committed the crime to justify having a trial; it is used primarily for felonies.
- Trustee: A person or institution holding and administering property in trust.
Any such trustee or assignee, who fails or refuses to settle, as above required, after such citation or notice, commits a Class A misdemeanor, and shall be liable to indictment or presentment in the same manner as administrators who fail or refuse to settle as required of them by law.