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TENNESSEE STATUTES AND CODES

12-4-104 - Penalty for unlawful transactions.

12-4-104. Penalty for unlawful transactions.

(a)  Any person guilty of a violation of § 12-4-103 shall be liable to the state for any and all sums paid out by the state, together with interest thereon at eight percent (8%), growing out of any such transaction.

(b)  A violation of § 12-4-103 is a Class E felony.

[Acts 1953, ch. 160, §§ 2, 3 (Williams, §§ 1876.2, 1876.3); impl. am. Acts 1979, ch. 203, § 20; T.C.A. (orig. ed.), § 12-404; Acts 1989, ch. 591, § 24.]  

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