Tenn. Code Ann. § 56-20-111: Liability for assessments made before exclusion - Penalty - Limitation of actions

A member liable under § 56-20-110 shall remain liable for the payment of any assessment made prior to the member's exclusion, and for the penalty provided in § 56-20-108 , in case action has been or shall be brought against the member therefor, within twelve (12) months after the time it was due.