Tennessee Code 54-1-202 – Offense for official to enter into certain contracts
Current as of: 2024 | Check for updates
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It is a Class E felony for any officer of the department to enter knowingly into any contract under this chapter and chapters 2, 4, and 5 of this title with:
Attorney's Note
Under the Tennessee Code, punishments for crimes depend on the classification. In the case of this section:Class | Prison | Fine |
---|---|---|
class E felony | 1 to 6 years | up to $3,000 |
Terms Used In Tennessee Code 54-1-202
- Contract: A legal written agreement that becomes binding when signed.
- Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
- Department: means the department of transportation. See Tennessee Code 54-5-103
- Person: includes a corporation, firm, company or association. See Tennessee Code 1-3-105