Tennessee Statutes
§ 48-101-621 — Liability
Tennessee·Title 48
(a)Each individual who renders professional services as an employee of a domestic or foreign professional corporation is liable for such individual's own negligent or wrongful acts or omissions to the same extent as if that individual rendered the services as a sole practitioner. An employee of a domestic or foreign professional corporation is not liable, however, for the conduct of other employees of the corporation unless that employee is also at fault.
(b)A domestic or foreign professional corporation whose employees perform professional services within the scope of their employment or of their apparent authority to act for the corporation is liable to the same extent as its employees.
(c)Except as otherwise provided by statute, the personal liability of a shareholder of a domestic o
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Related
Hendon v. Lufkin (In Re Lufkin)
393 B.R. 585 (E.D. Tennessee, 2008)
Legislative History
Acts 1992, ch. 698, § 1; T.C.A., § 48-3-621.
Nearby Sections
15
§ 48-1-101
Short title§ 48-1-102
Part definitions§ 48-1-103
Exemptions§ 48-1-105
Registration by coordination§ 48-1-106
Registration by qualification§ 48-1-109
Registration as broker-dealers, agents, investment advisers, and investment adviser representatives§ 48-1-111
Records and reports - Examinations§ 48-1-115
Administration