Tennessee Statutes
§ 35-16-107 — Spendthrift provisions
Tennessee·Title 35
A spendthrift provision as described in § 35-16-102(7)(C) shall be deemed to be a restriction on the transfer of the transferor's beneficial interest in the trust that is enforceable under applicable nonbankruptcy law within the meaning of § 541(c)(2) of the Bankruptcy Code ( 11 U.S.C. § 541(c)(2) ), or any successor provision.
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Related
§ 541
11 U.S.C. § 541
Legislative History
Acts 2007, ch. 144, § 7.
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