9-4-104 - Loss. - Tennessee Statutes

9-4-104. Loss.

“Loss” includes, but is not limited to:

     (1)  The principal amount of the state deposit;

     (2)  All accrued interest through the date of default;

     (3)  Additional interest at the rate the state deposit was earning on the total of subdivisions (1) and (2) through the day of payment to the state by a liquidator or other third party or through the date of sale by the state treasurer or the state treasurer's agent; and

     (4)  Attorney's fees incurred in recovering state deposits.

[Acts 1985, ch. 118, § 16.]