™Your Policy Risk Impact Agent
38 chapters · 731 sections in this title.
Tenn. Code Ann. § 66-34-102 Chapter definitions
0.2K chars
As used in this chapter, unless the context or subject matter indicates another meaning, the words and phrases defined in § 66-11-101 have the same meaning as set out in that section and are incorporated in this chapter by reference.
Tenn. Code Ann. § 66-34-103 Withholding of retainage — Violations — Penalties
4.2K chars
(a) All construction contracts on any project in this state, both public and private, may provide for the withholding of retainage; provided, however, that the retainage amount may not exceed five percent (5%) of the amount of the contract. (b) The owner, whether public or privat…
Tenn. Code Ann. § 66-34-104 Retention of portion of contract price in escrow — Applicability — Mandatory compliance
4.4K chars
(a) Whenever, in any contract for the improvement of real property, a certain amount or percentage of the contract price is retained, that retained amount must be deposited in a separate, interest-bearing, escrow account with a third party which must be established upon the withh…
Tenn. Code Ann. § 66-34-201 Prime contractor entitled to payment from owner
0.2K chars
Performance by a prime contractor in accordance with a written contract with an owner for improvement of real property entitles the prime contractor to payment from the owner.
