69-6-139 - Collection of assessments Quarterly settlement Commission.

69-6-139. Collection of assessments Quarterly settlement Commission.

(a)  The trustee of each county in which lands so assessed are located shall collect such assessments upon the dates designated by the court and shall make settlement quarterly with the treasurer of the district for such collections.

(b)  The trustee shall be entitled to a commission of one percent (1%) of such collections for such trustee's services.

[Acts 1955, ch. 112, § 25; T.C.A., § 70-1839; T.C.A. § 69-7-139.]