Tennessee § 48-250-105 Articles of organization

Tennessee Statutes

§ 48-250-105 — Articles of organization

Tennessee § 48-250-105

Title48

This text of Tennessee § 48-250-105 (Articles of organization) 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. § 48-250-105 (2026).

Text

(a)The articles of organization of a decentralized organization must:

(1)Include a statement that the organization is a decentralized organization, pursuant to § 48-250-103 ;

(2)Set forth the matters required by this chapter; and (3) Include a publicly available identifier of a smart contract directly used to manage, facilitate, or operate the decentralized organization.

(b)Except as otherwise provided in this chapter, the articles of organization and the smart contracts for a decentralized organization govern the following:

(1)Relations among the members and between the members and the decentralized organization;

(2)Rights and duties under this chapter of a person in that person's capacity as a member;

(3)Activities of the decentralized organization and the conduct of those activit

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

(a) The articles of organization of a decentralized organization must: (1) Include a statement that the organization is a decentralized organization, pursuant to § 48-250-103 ; (2) Set forth the matters required by this chapter; and (3) Include a publicly available identifier of a smart contract directly used to manage, facilitate, or operate the decentralized organization. (b) Except as otherwise provided in this chapter, the articles of organization and the smart contracts for a decentralized organization govern the following: (1) Relations among the members and between the members and the decentralized organization; (2) Rights and duties under this chapter of a person in that person's capacity as a member; (3) Activities of the decentralized organization and the conduct of those activities; (4) Means and conditions for amending the operating agreement; (5) Rights and voting rights of members; (6) Transferability of membership interests; (7) Withdrawal of membership; (8) Distributions to members prior to dissolution; (9) Amendment of the articles of organization; (10) Procedures for amending applicable smart contracts; and (11) All other aspects of the decentralized organization.