Tennessee Code Annotated
Tenn. Code Ann. § 12-4-102 (2026)
Penalty for unlawful interest
✓ current as of May 2026
Should any person, acting as such officer, committee member, director, or other person referred to in § 12-4-101, be or become directly or unlawfully indirectly interested in any such contract, such person shall forfeit all pay and compensation therefor. Such officer shall be dismissed from such office the officer then occupies, and be ineligible for the same or a similar position for ten (10) years.
Acts 1869-1870, ch. 92, §§ 2, 3; Shan., §§ 1134, 1135; Code 1932, §§ 1875, 1876; T.C.A. (orig. ed.), § 12-402; Acts 1983, ch. 388, § 5.
Notes of Decisions
Cited in 4
cases, 1984–2005 · leading case: Town of Smyrna v. Ridley, 730 S.W.2d 318 (Tenn. 1987).
Town of Smyrna v. Ridley, 730 S.W.2d 318 (Tenn. 1987). “Moreover, based upon the report of the Special Master appointed to determine the amount that should be forfeited under T.C.A., § 12-4-102 and § 6-54-108, the Chancellor held Mayor Ridley should pay to the city of Smyrna the sum of $11,145.”
State ex rel. Kirkpatrick v. Tipton, 670 S.W.2d 224 (Tenn. Ct. App. 1984). “, as a penalty pursuant to T.C.A., § 12-4-102. 1 On May 17, 1977, the Blountville Utility District, established pursuant to the Utility District Law, T.”
City of New Johnsonville v. Kevin E. Handley & Gene Plant v. Kevin E. Handley (Tenn. Ct. App. 2005). “Tenn. Code Ann. § 12-4-102 (2003). In State ex rel.”
City of New Johnsonville v. Kevin E. Handley & Gene Plant v. Kevin E. Handley - Concurring (Tenn. Ct. App. 2005). “” T.C.A. § 12-4-102 (1999). Based on this alleged violation, the plaintiffs in Wallen sought to have the defendant “removed from office and declared to be ineligible for the same or similar position for ten years and to obtain a recovery for .”
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