Tennessee Statutes
§ 56-3-503 — Gains and losses credited to or charged against allocation
Tennessee § 56-3-503
JurisdictionTennessee
Title56
This text of Tennessee § 56-3-503 (Gains and losses credited to or charged against allocation) 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. § 56-3-503 (2026).
Text
The income, if any, and gains and losses, realized or unrealized, on each account shall be credited to or charged against the amounts allocated to the account in accordance with the agreement, without regard to other income, gains or losses of the company.
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Legislative History
Acts 1967, ch. 353, § 3; T.C.A., §§ 56-260, 56-314.
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Bluebook (online)
Tennessee § 56-3-503, Counsel Stack Legal Research, https://law.counselstack.com/statute/tn/56-3-503.