Tennessee Code 6-56-109 – Acceptance of partial payments of property taxes – Acceptance of taxes paid by electronic funds
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Terms Used In Tennessee Code 6-56-109
- Electronic funds transfer: The transfer of money between accounts by consumer electronic systems-such as automated teller machines (ATMs) and electronic payment of bills-rather than by check or cash. (Wire transfers, checks, drafts, and paper instruments do not fall into this category.) Source: OCC
- Lien: A claim against real or personal property in satisfaction of a debt.
- Property: includes both personal and real property. See Tennessee Code 1-3-105
- 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
- Statute: A law passed by a legislature.