Tennessee Statutes
§ 35-15-710 — Directed trusts
Tennessee·Title 35
If the terms of the trust, an agreement of the qualified beneficiaries, an exercise of the authority described in § 35-15-716 , or a court order requires a trustee, trust advisor, or trust protector to follow the direction of a trust advisor, trust protector, or trustee, and the trustee, trust advisor, or trust protector acts in accordance with such direction, then the trustee, trust advisor, or trust protector so directed must be treated as an excluded fiduciary.
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Related
Nancy Hardison (Stokes) Williams v. Ernest K. Hardison, III
(Court of Appeals of Tennessee, 2024)
Legislative History
Amended by 2023 Tenn. Acts, ch. 166, s 6, eff. 4/17/2023. Added by 2013 Tenn. Acts, ch. 390, s 29, eff. 7/1/2013.
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