Tennessee Statutes
§ 35-14-106 — Duties at inception of trusteeship
Tennessee·Title 35
Within a reasonable time after accepting a trusteeship or receiving trust assets, a trustee shall review the trust assets and make and implement decisions concerning the retention and disposition of assets, in order to bring the trust portfolio into compliance with the purposes, terms, distribution requirements, and other circumstances of the trust, and with the requirements of this chapter.
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Tennessee § 35-14-106 (Duties at inception of trusteeship) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Related
Wood v. Lowery
238 S.W.3d 747 (Court of Appeals of Tennessee, 2007)
Legislative History
Acts 2002, ch. 696, § 6.
Nearby Sections
15
§ 35-1-102
Appointment of public trustee§ 35-10-101
Short title§ 35-10-102
Chapter definitions§ 35-10-107
Reviewing compliance§ 35-10-108
Application to existing institutional funds§ 35-10-110
Uniformity of application and construction§ 35-11-101
Funds placed in trust - Trustee