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Tenn. Code Ann. § 35-14-102

Chapter definitions

Known as the Tennessee Uniform Prudent Investor Act

The act spans §§ 35-14-101 to 35-14-114 (14 sections).

Acts 2002, ch. 696, § 2; 2013, ch. 390, § 2.

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

(1) “Governing instrument” means: A will, deed, trust instrument or agency agreement;

(2) For purposes of subdivision (1)(A), an agency agreement includes but is not limited to, any agreement under which any delegation is made, either pursuant to § 35-15-807 or by anyone holding a power or duty pursuant to chapter 15, part 12;

(3) “Trust” means any fiduciary relationship created by a governing instrument; and

(4) “Trustee” means any fiduciary as defined in § 35-15-103.

Current official text: Tennessee Code (LexisNexis). Digitized from the UniCourt Code Improvement Commission public-domain capture. Reproduced from public-domain Tennessee statutes; confirm against the official source for the current text. Not legal advice.