™Your Policy Risk Impact Agent
18 chapters · 371 sections in this title.
Tenn. Code Ann. § 35-9-101 Prohibited acts
3.2K chars
(1) In the administration of any trust that is a “private foundation,” as defined in § 509 of the Internal Revenue Code of 1954 (26 U.S.C. § 509), a “charitable trust,” as defined in § 4947(a)(1) of the Internal Revenue Code of 1954 (26 U.S.C. § 4947(a)(1)), or a “split-interest …
Tenn. Code Ann. § 35-9-102 Distribution of amounts to avoid tax liability
0.3K chars
In the administration of any trust that is a private foundation or that is a charitable trust, there shall be distributed, for the purposes specified in the trust instrument, for each taxable year, amounts at least sufficient to avoid liability for the tax imposed by § 4942(a) of…
Tenn. Code Ann. § 35-9-103 Applicability of §§ 35-9-101 and 35-9-102
0.3K chars
Sections 35-9-101 and 35-9-102 do not apply to any trust to the extent that a court of competent jurisdiction determines that the application would be contrary to the terms of the instrument governing the trust and that the same may not properly be changed to conform to those sec…
Tenn. Code Ann. § 35-9-104 Powers of courts and attorney general and reporter unimpaired
0.1K chars
Nothing in this chapter shall impair the rights and powers of the courts or the attorney general and reporter of this state with respect to any trust.
