Tennessee Code 45-2-1704 – Unlawful gratuity or compensation
Current as of: 2024 | Check for updates
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Attorney's Note
Under the Tennessee Code, punishments for crimes depend on the classification. In the case of this section:Class | Prison | Fine |
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class C misdemeanor | up to 30 days | up to $50 |
Terms Used In Tennessee Code 45-2-1704
- Bank: means any person, as hereinafter defined, doing a banking business subject to the laws of this or any other jurisdiction and, for the purposes of supervision, examination and liquidation, includes industrial investment companies and industrial banks authorized by chapter 5 of this title. See Tennessee Code 45-1-103
- 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.
- Partnership: A voluntary contract between two or more persons to pool some or all of their assets into a business, with the agreement that there will be a proportional sharing of profits and losses.
- Person: means an individual, corporation, firm, trust, estate, partnership, joint venture, or association. See Tennessee Code 45-1-103
- Property: includes both personal and real property. See Tennessee Code 1-3-105