Tenn. Code § 35-14-102

Current through Acts 2023-2024, ch. 1069

Section 35-14-102 - Chapter definitions

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.

T.C.A. § 35-14-102

Amended by 2013 Tenn. Acts, ch. 390, s 2, eff. 7/1/2013.

Acts 2002, ch. 696, § 2.