Without limiting any existing law or regulation, it is not against the public policy or public interest of this state for a provision in any agreement relating to the design, planning, supervision, observation of construction, repair, or construction of an improvement to real property to limit the liability of the person furnishing the labor, materials, or services to a reasonable monetary amount.
Tenn. Code Ann. § 66-34-704
Agreement limiting liability of person furnishing labor, materials, or services
Known as the Prompt Pay Act
The act spans §§ 66-34-101 to 66-34-704 (22 sections).
Acts 2020, ch. 749, § 34.
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.