Ask a legal question, get an answer ASAP!
Click here to chat with a lawyer about your rights.

Terms Used In Tennessee Code 49-9-1406

  • Liabilities: The aggregate of all debts and other legal obligations of a particular person or legal entity.
  • State: when applied to the different parts of the United States, includes the District of Columbia and the several territories of the United States. See Tennessee Code 1-3-105

Debts, liabilities and other obligations of an entity described in § 49-9-1402(a) shall not constitute debts, liabilities or obligations of the state or the university.