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92 chapters · 1,075 sections in this title.
Tenn. Code Ann. § 48-232-101 Authorization, form and acceptance of contributions
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(a) Permissible Forms. The contributions of a member to an LLC may be in cash, property, or services rendered or a promissory note. (b) Authority. Subject to any restrictions in the articles or operating agreement, an LLC through its organizers, members or board of governors may …
Tenn. Code Ann. § 48-232-102 Admission of members
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(a) Approval of a New Member. Except as otherwise provided in the articles or operating agreement after an LLC is formed, all members must approve the admission of a new person or entity as a member, the interest of such member and the contribution of such member. The articles or…
