§ 66-34-201 Prime contractor entitled to payment from owner
§ 66-34-202 Application for payment for work – Payment according to schedule for payments – Review of application by owner’s agent
§ 66-34-203 Withholding of payment or retainage by owner
§ 66-34-204 Payment of retainage by owner
§ 66-34-205 Sums intended as payment to be held in trust

Terms Used In Tennessee Code > Title 66 > Chapter 34 > Part 2 - Owner/Contractor Payment

  • Bankruptcy: Refers to statutes and judicial proceedings involving persons or businesses that cannot pay their debts and seek the assistance of the court in getting a fresh start. Under the protection of the bankruptcy court, debtors may discharge their debts, perhaps by paying a portion of each debt. Bankruptcy judges preside over these proceedings.
  • Contract: A legal written agreement that becomes binding when signed.
  • Equitable: Pertaining to civil suits in "equity" rather than in "law." In English legal history, the courts of "law" could order the payment of damages and could afford no other remedy. See damages. A separate court of "equity" could order someone to do something or to cease to do something. See, e.g., injunction. In American jurisprudence, the federal courts have both legal and equitable power, but the distinction is still an important one. For example, a trial by jury is normally available in "law" cases but not in "equity" cases. Source: U.S. Courts
  • State: when applied to the different parts of the United States, includes the District of Columbia and the several territories of the United States. See Tennessee Code 1-3-105
  • written: includes printing, typewriting, engraving, lithography, and any other mode of representing words and letters. See Tennessee Code 1-3-105