Enforcement and defense of claims
Known as the Tennessee Uniform Trust Code
The act spans §§ 35-15-1001 to 35-15-901 (113 sections).
Acts 2004, ch. 537, § 69.
(1) A trustee shall take reasonable steps to enforce claims of the trust and to defend claims against the trust.
(2) A trustee may abandon or assign any claim that it believes is unreasonable to enforce to one or more of the beneficiaries of the trust holding the claim.
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.