Tenn. Comp. R. & Regs. 1360-08-03-.06

Current through June 26, 2024
Section 1360-08-03-.06 - TRUSTS

The debtor name to be provided for a debtor that is a trust or a trustee acting in respect of trust property is the name of the trust as set forth in its organic record(s), if the trust has such a name, or, if the trust is not so named, the name of the trust's settlor. In order for the information management system to function in accordance with the usual expectations of filers and searchers, the name of a trust or of a settlor that is an organization should be provided as an organization debtor name, and the name of a settlor who is an individual should be provided as an individual debtor name, in each case without regard to the nature or character of the debtor. Notwithstanding the foregoing, the filing office will enter data submitted by a filer in the fields designated by the filer exactly as it appears in such fields.

Tenn. Comp. R. & Regs. 1360-08-03-.06

Original rule filed October 23, 2000; effective January 6, 2001. Repeal and new rule filed March 19, 2013; effective June 17, 2013.

Authority: T.C.A. §§ 4-5-202, 4-5-204, 47-9-503(a), 47-9-519, and 47-9-526 and 2012 Tenn. Pub. Acts Ch. 708.