Tennessee Code 12-4-706 – Applicability of part
Current as of: 2024 | Check for updates
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Terms Used In Tennessee Code 12-4-706
- Agency: means any entity of the state government, as defined in §. See Tennessee Code 12-4-702
- Business: means a business organization in any form, institution, association, profession, occupation or calling of any kind, whether or not conducted for profit. See Tennessee Code 12-4-702
- Contract: A legal written agreement that becomes binding when signed.
This part is not applicable if an agency‘s failure to pay timely interest required by § 12-4-704 is the result of a dispute between the agency and the business over the amount due or over compliance with the contract.