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18 chapters · 371 sections in this title.
Tenn. Code Ann. § 35-4-101 Short title
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This chapter shall be known and may be cited as the “Uniform Common Trust Fund Act.”
Tenn. Code Ann. § 35-4-102 Bank or trust company establishing common trust funds — Investing in trust funds
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Any bank or trust company qualified to act as fiduciary in this state may establish common trust funds for the purpose of furnishing investments to itself as fiduciary, or to itself and others as cofiduciaries, or to another bank or trust company which may, as such fiduciary or c…
Tenn. Code Ann. § 35-4-103 Accounting for trust funds — Chancery court approval
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(a) Unless ordered by a court of competent jurisdiction, the bank or trust company operating the common trust funds is not required to render a court accounting with regard to the funds, but it may, by application to the chancery court, secure approval of such an accounting on su…
Tenn. Code Ann. § 35-4-104 Uniformity of construction and interpretation
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This chapter shall be so interpreted and construed as to effectuate its general purpose to make uniform the law of those states that enact it.
