Tenn. Code Ann. » Tenn. Code / Title 66 / Chapter 34 / Part 6
Tennessee Code Annotated

Tenn. Code Ann. § 66-34-601 (2026)

Interest

✓ current as of May 2026
Find cases: SyfertCases citing this section JustiaTenn. Code CornellLII Search CasesGoogle Scholar

Any payment not made in accordance with this chapter accrues interest, from the date due until the date paid, at the rate of interest for delinquent payments provided in written contract or, if no interest rate is specified in a written contract, then one and one-half percent (1.5%) per month.

Amended by 2020 Tenn. Acts, ch. 749, s 29, eff. 7/1/2020.

Acts 1991, ch. 45, § 1; 2000, ch. 712, § 1.

Notes of Decisions
Cited in 5 cases (2 in the last 5 years), 2016–2025 · leading case: Eagle Supply & Mfg., L.P. v. Bechtel Jacobs Co., 868 F.3d 423 (6th Cir. 2017).
Sort: Relevance Newest Treatment
Eagle Supply & Mfg., L.P. v. Bechtel Jacobs Co., 868 F.3d 423 (6th Cir. 2017). “Tenn. Code Ann. § 66-34-601 . And the interest provision’s purpose is to redress the wrong of delayed payment and set out the method for obtaining relief.”
Classic City Mech., Inc. v. Potter South East, LLC (Tenn. Ct. App. 2016). · cites it 6× “See Tenn. Code Ann. § 66-34-601 . 221. The interest rate under Tennessee Code Annotated § 47-14-121 was 10% until July 1, 2012, when the statute was amended to apply a new formula.”
King Constr. Grp., Inc. v. Highlands Residential Servs. (2024). · cites it 5× “Tenn. Code Ann. § 66-34-601 provides for an award of statutory interest at the rate of one and one-half percent (1.”
83 Freight, LLC v. C4 Sourcing Solutions, LLC (Tenn. Ct. App. 2025). · cites it 3× “749, § 29 (emphasis added) (codified at Tenn. Code Ann. § 66-34-601 ). Importantly, the 2020 amendment specified that it would “take effect July 1, 2020, the public welfare requiring it, and appl[y] to actions occurring and contracts entered into, amended, or renewed on or after…”
E Solutions For Bldgs., LLC v. Knestrick Contractor, Inc. (Tenn. Ct. App. 2019). · cites it 2× “” Tenn. Code Ann. § 66-34-601 . However, no such issue was advanced by Air Comfort, who limited its argument regarding interest to the interest available under Tennessee Code Annotated section 47-14-123.”
Annotations are extracted automatically from the opinions in the Syfert caselaw corpus and ranked by authority, recency, and treatment. Dots show Syfertize treatment of the citing case itself.