Tenn. Code Ann. § 61-1-104

Supplemental principles of law

Known as the Uniform Partnership Act

The act spans §§ 61-1-1001 to 61-1-908 (67 sections).

Applied in 1 court decision — leading case Tenn-Fla Partners v. Shelton (2007)

Most recently applied in Tenn-Fla Partners v. Shelton (February 2007)

Acts 2001, ch. 353.

(1) Unless displaced by particular provisions of this chapter, the principles of law and equity supplement this chapter.

(2) If an obligation to pay interest arises under this chapter and the rate is not specified, the rate is the applicable federal rate as determined from time to time by the United States treasury pursuant to 26 U.S.C. § 1274(d) or any successor law.

(3) The rule that statutes in derogation of the common law are to be strictly construed shall have no application to this chapter.

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.