Tennessee Code 67-1-1601 – Commissions disallowed on failure to settle or pay over
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Terms Used In Tennessee Code 67-1-1601
- Settlement: Parties to a lawsuit resolve their difference without having a trial. Settlements often involve the payment of compensation by one party in satisfaction of the other party's claims.
Commissions shall not be allowed any collecting officer for collecting and paying over any public money, unless the officer makes settlement and payment as required by law.