Tennessee Statutes
§ 49-7-606 — Contributions and gifts to fund
Tennessee·Title 49
(a)Any person, association or corporation may make contributions to the trust corporation for the benefit of the trust pursuant to this part, and the trust corporation is authorized to accept funds and deposit the funds in the trust for higher education.
(b)In addition, the trust corporation is authorized to accept gifts of land for the benefit of the trust. Gifts of land shall be made in the name of the trust corporation with appropriate language of limitation.
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Tennessee § 49-7-606 (Contributions and gifts to fund) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
Acts 1987, ch. 129, § 6.
Nearby Sections
15
§ 49-1-1001
Short title§ 49-1-1002
Guidelines and standards - Requirements§ 49-1-1004
§ 49-1-1004§ 49-1-1006
§ 49-1-1006§ 49-1-1007
Report - Publication§ 49-1-1008
§ 49-1-1008§ 49-1-101
System established§ 49-1-102
Administration generally§ 49-1-103
Title definitions§ 49-1-106
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