Tennessee Statutes

§ 35-14-106 — Duties at inception of trusteeship

Tennessee § 35-14-106

This text of Tennessee § 35-14-106 (Duties at inception of trusteeship) is published on Counsel Stack Legal Research, covering Tennessee primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
Tenn. Code Ann. § 35-14-106 (2026).

Text

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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Related

Wood v. Lowery
238 S.W.3d 747 (Court of Appeals of Tennessee, 2007)
16 case citations

Legislative History

Acts 2002, ch. 696, § 6.

Nearby Sections

15
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Bluebook (online)
Tennessee § 35-14-106, Counsel Stack Legal Research, https://law.counselstack.com/statute/tn/35-14-106.