Tennessee Statutes
§ 35-15-404 — Trust purposes
Tennessee·Title 35
A trust may be created only to the extent its purposes are lawful and possible to achieve. A trust and its terms must be for the benefit of its beneficiaries as the interests of such beneficiaries are defined under the terms of the trust.
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Related
State of Tennessee Ex Rel. Herbert H. Slatery, III, Attorney General And Reporter v. HRC Medical Centers, Inc.
(Court of Appeals of Tennessee, 2019)
Jennifer Biscan v. Franklin Brown
(Court of Appeals of Tennessee, 2003)
Legislative History
Amended by 2013 Tenn. Acts, ch. 390,s 50, eff. 7/1/2013. Acts 2004, ch. 537, § 26.
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