{"data":{"id":"us-tn/tenn.-code-ann.-12-4-704","jurisdiction":"us-tn","citation":"Tenn. Code Ann. § 12-4-704","heading":"Interest","body":"(a) Interest shall accrue and be charged on payments overdue under § 12-4-703 at one and one-half percent (1½%) per month beginning on the day after payment is due.\n(b) Interest which is unpaid at the end of each sixty-day period or at the end of any specified period provided by contract shall be added to the principal amount of the debt and shall thereafter accumulate interest.","path":["TN Code","Title 12","Chapter 4"],"source_url":"https://oss-data-us.vaquill.ai/v2026.08/us_tn_statutes.parquet","current_through":"2026-08-14","vintage":"open-us-law v2026.08, retrieved 2026-09-14","retrieved_at":"2026-09-14T18:32:26Z","sha256":"8df650455990a88313206d91d99d59fff0a588b36dfe6170a6ff026bcd0d7628","source_id":"us-tn","stale":false,"prev":"us-tn/tenn.-code-ann.-12-4-703","next":"us-tn/tenn.-code-ann.-12-4-705"},"notice":"GroundRules: Original legal text. Not legal advice."}