Tennessee Statutes

§ 48-13-101 — Purposes

Tennessee·Title 48
(a)Every corporation incorporated under chapters 11-27 of this title has the purpose of engaging in any lawful business unless a more limited purpose is set forth in the charter.
(b)A corporation engaging in a business that is subject to regulation under another statute of this state may incorporate under chapters 11-27 of this title only if permitted by, and subject to all limitations of, the other statute.

Free access — add to your briefcase to read the full text and ask questions with AI

Tennessee § 48-13-101 (Purposes) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.

Related

Procraft Cabinetry, Inc. v. Sweet Home Kitchen & Bath, Inc.
348 F. Supp. 3d 752 (M.D. Tennessee, 2018)
3 case citations

Legislative History

Acts 1986, ch. 887, § 3.01.

Nearby Sections

15
View on official source ↗