Tennessee § 46-1-109 Receiving and holding of grants and bequests

Tennessee Statutes

§ 46-1-109 — Receiving and holding of grants and bequests

Tennessee § 46-1-109

Title46

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Bluebook

Tenn. Code Ann. § 46-1-109 (2026).

Text

(a)A cemetery company may hold any grant or bequest in money or other property, and shall faithfully apply the grants or bequests for the improvements of the cemetery, or in the erection or preservation of any tomb or monument, according to the terms of the grant or bequest, except those funds required to be held in trust, or paid into the improvement care trust fund as provided by § 46-1-204 .

(b)No cemetery company shall accept any special grant or bequest, unless it is in writing and made a part of the permanent records of the cemetery.

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(a) A cemetery company may hold any grant or bequest in money or other property, and shall faithfully apply the grants or bequests for the improvements of the cemetery, or in the erection or preservation of any tomb or monument, according to the terms of the grant or bequest, except those funds required to be held in trust, or paid into the improvement care trust fund as provided by § 46-1-204 . (b) No cemetery company shall accept any special grant or bequest, unless it is in writing and made a part of the permanent records of the cemetery.

Legislative History

Acts 1875, ch. 142, § 9; Shan., § 2184; Code 1932, § 3922; Acts 1968, ch. 557, §§ 2, 4; T.C.A. (orig. ed.), § 46-103; 1976, ch. 773, § 3; T.C.A., § 46-203; T.C.A. §46-2-103; Acts 2006, ch. 1012, § 2.