2019 Tennessee Code
Title 48 - Corporations and Associations
Nonprofit Corporations
Chapter 53 - Purposes and Powers
Part 2 - Nonprofit Fair Asset Protection Act
§ 48-53-204. Violations -- Remedies.

Universal Citation: TN Code § 48-53-204 (2019)
  • (a) Any condition, stipulation, provision, or term of any agreement that is in conflict with this part or that would purport to waive or restrict the application of any provision of this part is void and unenforceable.

  • (b) Nothing in this part abrogates or amends the standards for directors set forth in § 48-58-301.

  • (c) In addition to any other remedies or rights of actions, a Tennessee nonprofit corporation that is injured by a violation or threatened violation of this part may bring a private right of action for injunctive relief and to recover costs and reasonable attorneys' fees if the Tennessee nonprofit corporation is the prevailing party in the action.

  • (d) All ordinances, resolutions, rules, or requirements of any type that are in conflict with this part are void and unenforceable.

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