In actions brought on bonds or agreements for the payment of money, or with collateral conditions, and recovery had by the plaintiff, the judgment shall be entered for the stipulated penalty, to be discharged by the payment of the principal and interest due thereon, or the damages assessed by the jury, and execution shall issue accordingly.
Tenn. Code Ann. § 25-1-101
[Reserved.]
Applied in 1 court decision — leading case 338 F. Supp. 2d 891 - Capital Law v. Viar (2004)
Most recently applied in 338 F. Supp. 2d 891 - Capital Law v. Viar (September 2004)
Code 1858, § 2976 (deriv
Current official text: Tennessee Code (LexisNexis). Digitized from the UniCourt Code Improvement Commission public-domain capture. Reproduced from public-domain Tennessee statutes; confirm against the official source for the current text. Not legal advice.