Chapter definitions

Tenn. Code Ann. § 35-14-102, under Uniform Prudent Investor Act.

Tenn. Code Ann. § 35-14-102

(1) As used in this chapter, unless the context otherwise requires:(1) “Governing instrument” means:(A) A will, deed, trust instrument or agency agreement;(B) For purposes of subdivision (1)(A), an agency agreement includes but is not limited to, any agreement under which any delegation is made, either pursuant to § 35-15-807 or by anyone holding a power or duty pursuant to chapter 15, part 12 of this title;(2) “Trust” means any fiduciary relationship created by a governing instrument; and(3) “Trustee” means any fiduciary as defined in § 35-15-103.

(1) “Governing instrument” means:(A) A will, deed, trust instrument or agency agreement;(B) For purposes of subdivision (1)(A), an agency agreement includes but is not limited to, any agreement under which any delegation is made, either pursuant to § 35-15-807 or by anyone holding a power or duty pursuant to chapter 15, part 12 of this title;

(A) A will, deed, trust instrument or agency agreement;

(B) For purposes of subdivision (1)(A), an agency agreement includes but is not limited to, any agreement under which any delegation is made, either pursuant to § 35-15-807 or by anyone holding a power or duty pursuant to chapter 15, part 12 of this title;

(2) “Trust” means any fiduciary relationship created by a governing instrument; and

(3) “Trustee” means any fiduciary as defined in § 35-15-103.