Tennessee § 48-101-802 Part definitions

Tennessee Statutes

§ 48-101-802 — Part definitions

Tennessee § 48-101-802

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This text of Tennessee § 48-101-802 (Part definitions) 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. § 48-101-802 (2026).

Text

As used in this part, unless the context otherwise requires:

(1)"LLC" means a limited liability company, whether foreign or domestic, that is formed under, that is subject to, or that has elected to be governed by, as applicable, the Tennessee Revised Limited Liability Company Act, compiled in chapter 249 of this title, except where expressly indicated otherwise;

(2)"Nonprofit corporation," means a nonprofit corporation, whether foreign or domestic, incorporated pursuant to or subject to chapters 51-68 of this title and exempt from franchise and excise tax as not-for-profit as defined in § 67-4-2004 ;

(3)"Nonprofit LLC" means an LLC that has complied with the requirements of this part;

(4)"Parent nonprofit corporation" means a nonprofit corporation that is the sole member of a nonprofi

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As used in this part, unless the context otherwise requires: (1) "LLC" means a limited liability company, whether foreign or domestic, that is formed under, that is subject to, or that has elected to be governed by, as applicable, the Tennessee Revised Limited Liability Company Act, compiled in chapter 249 of this title, except where expressly indicated otherwise; (2) "Nonprofit corporation," means a nonprofit corporation, whether foreign or domestic, incorporated pursuant to or subject to chapters 51-68 of this title and exempt from franchise and excise tax as not-for-profit as defined in § 67-4-2004 ; (3) "Nonprofit LLC" means an LLC that has complied with the requirements of this part; (4) "Parent nonprofit corporation" means a nonprofit corporation that is the sole member of a nonprofit corporation; and (5) "Subsidiary nonprofit corporation" means a nonprofit corporation, the sole member of which is also a nonprofit corporation.