Tennessee Code 65-27-104 – Bond by water company pending assessment of damages
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Terms Used In Tennessee Code 65-27-104
- Damages: Money paid by defendants to successful plaintiffs in civil cases to compensate the plaintiffs for their injuries.
- Litigation: A case, controversy, or lawsuit. Participants (plaintiffs and defendants) in lawsuits are called litigants.
Pending the assessment of damages and any litigation in regard thereto, the water company may give bond with good and solvent securities, payable to the owner or owners of the water or rights, to promptly pay to the owner any amount of damages which may be assessed by the jury as provided for in § 65-27-101, and upon executing and filing such bond may thereupon take the water or waters.