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2017 Tennessee Code
Title 35 - Fiduciaries and Trust Estates
Chapter 14 - Uniform Prudent Investor Act
§ 35-14-102. Chapter definitions.
Universal Citation: TN Code § 35-14-102 (2017)
- As used in this chapter, unless the context otherwise requires:
- (1) "Governing instrument" means:
- (A) A will, deed, trust instrument or agency agreement;
- (B) 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;
- (2) "Trust" means any fiduciary relationship created by a governing instrument; and
- (3) "Trustee" means any fiduciary as defined in § 35-15-103.
- (1) "Governing instrument" means:
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