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TENNESSEE STATUTES AND CODES
7-32-137 - Default in installment payments.
7-32-137. Default in installment payments.
If any property owner defaults in the payment of any installment and interest on the installments, all of the installments, with interest, and an additional sum equal to one half (½) the annual interest, shall become immediately due and payable.
[Acts 1913 (1st E.S.), ch. 18, § 7; Shan., § 1991a33; Code 1932, § 3440; T.C.A. (orig. ed.), § 6-1137.]
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