{"data":{"id":"us-tn/tenn.-code-ann.-66-29-132","jurisdiction":"us-tn","citation":"Tenn. Code Ann. § 66-29-132","heading":"Good faith payment or delivery of property by holder","body":"Under this part, payment or delivery of property is made in good faith if a holder: (1) Had a reasonable basis for believing, based on the facts then known, that the property was required or permitted to be paid or delivered to the treasurer under this part; or (2) Made payment or delivery: (A) In response to a demand by the treasurer or treasurer's agent; or (B) Pursuant to guidance or a ruling issued by the treasurer that the holder reasonably believed required or permitted the property to be paid or delivered. Amended by 2017 Tenn. Acts, ch. 457,s 1, eff. 7/1/2017. Acts 1978, ch. 561, § 31; 1980, ch. 606, §§ 1, 3; T.C.A., §§ 64-2931, 66-29-131; Acts 2010, ch. 756, § 1.\nUnder this part, payment or delivery of property is made in good faith if a holder:\n(1) Had a reasonable basis for believing, based on the facts then known, that the property was required or permitted to be paid or delivered to the treasurer under this part; or\n(2) Made payment or delivery: (A) In response to a demand by the treasurer or treasurer's agent; or (B) Pursuant to guidance or a ruling issued by the treasurer that the holder reasonably believed required or permitted the property to be paid or delivered.\n(A) In response to a demand by the treasurer or treasurer's agent; or\n(B) Pursuant to guidance or a ruling issued by the treasurer that the holder reasonably believed required or permitted the property to be paid or delivered.","path":["TN Code","Title 66","Chapter 29"],"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":"e7477ddcc8ad1f277ca5407755373e5cc0a69c5647b8b567f2efa5c9debaebe8","source_id":"us-tn","stale":false,"prev":"us-tn/tenn.-code-ann.-66-29-131","next":"us-tn/tenn.-code-ann.-66-29-133"},"notice":"GroundRules: Original legal text. Not legal advice."}