Tenn. Code § 56-25-303
Current through Acts 2023-2024, ch. 1069
A society may create, maintain and operate, or may establish organizations to operate, not-for-profit institutions to further the purposes permitted by § 56-25-105(a)(2). The institutions may furnish services free or at a reasonable charge. Any real or personal property owned, held or leased by the society for this purpose shall be reported in every annual statement.
T.C.A. § 56-25-303