Tennessee Code 54-12-424 – Compensation of trustee for collecting and paying out, and for certified copies
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Terms Used In Tennessee Code 54-12-424
- Trustee: A person or institution holding and administering property in trust.
For collecting and paying out the assessments under this chapter, the county trustee shall receive as compensation two percent (2%) on all amounts paid out by the trustee; and for any certified statements furnished by the trustee, the same fees per one hundred (100) words as are allowed clerks of courts for certified copies of records.