Tennessee Statutes
§ 48-101-704 — Organization as a nonprofit LLC
Tennessee § 48-101-704
JurisdictionTennessee
Title48
This text of Tennessee § 48-101-704 (Organization as a nonprofit LLC) is published on Counsel Stack Legal Research, covering Tennessee primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Bluebook
Tenn. Code Ann. § 48-101-704 (2026).
Text
A nonprofit corporation may organize a nonprofit LLC by filing articles of organization prominently designating it as a nonprofit limited liability company with the office of the secretary of state consistent with the Tennessee Limited Liability Company Act; provided, that an LLC shall qualify as a nonprofit LLC only if the LLC is disregarded as an entity for federal income tax purposes. No more than one (1) nonprofit corporation may be a member of a nonprofit LLC.
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Legislative History
Acts 2001, ch. 418, § 1.
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
AdministrationCite This Page — Counsel Stack
Bluebook (online)
Tennessee § 48-101-704, Counsel Stack Legal Research, https://law.counselstack.com/statute/tn/48-101-704.