§ 43-20-213. Personal debt of purchaser -- Late payment penalty.

TN Code § 43-20-213 (2019) (N/A)
Copy with citation
Copy as parenthetical citation

Any amount withheld, or that should have been withheld, by the purchaser due to the assessment shall be a personal debt of the purchaser. If the purchaser's monthly payments to the board are not timely made, a penalty of ten percent (10%) of the amount due shall be imposed. The board is authorized to collect assessments due by any legal proceeding in a court of competent jurisdiction.