Tennessee Statutes
§ 45-2-1017 — Choice of law governing trust and fiduciary investments
Tennessee·Title 45
Any trust institution that maintains a trust office in this state and its affected clients may designate as the state whose laws shall govern any written agreement between the trust institution and its client or any instrument under which the trust institution acts for a client and with respect to the fiduciary investment standards applicable to the agreements, either:
(1)This state;
(2)A state where affected clients reside; or (3) The state where the trust institution has its principal office.
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Tennessee § 45-2-1017 (Choice of law governing trust and fiduciary investments) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
Acts 1999, ch. 112, § 10.
Nearby Sections
15
§ 45-1-101
Short title§ 45-1-103
General definitions§ 45-1-104
Department to execute laws§ 45-1-106
Salary of commissioner§ 45-1-107
Powers and duties of commissioner§ 45-1-109
Oaths of office§ 45-1-111
Limitation of personal liability§ 45-1-112
Official seal§ 45-1-113
Office facilities§ 45-1-116
Examiners - Employment and duties