There is a newer version
of
this Section
2020 Tennessee Code
Title 35 - Fiduciaries and Trust Estates
Chapter 17 - Tennessee Community Property Trust Act of 2010
§ 35-17-102. Chapter Definitions
Universal Citation: TN Code § 35-17-102 (2020)
As used in this chapter:
- “Community property” means property owned by a community property trust during the marriage of the settlor spouses;
- “Community property trust” means an express trust that complies with § 35-17-103;
- “Decree” means a judgment or other order of a court;
- “Dissolution” means either:
- Termination of a marriage by a decree of dissolution, divorce, annulment or declaration of invalidity; or
- Entry of a decree of legal separation maintenance;
- “During marriage” means a period that begins at marriage and ends at dissolution or the death of a spouse;
- “Qualified trustee” means either:
- A natural person who is a resident of this state; or
- A company authorized to act as a fiduciary in this state pursuant to § 45-2-1001; and
- “Settlor spouses” means a married couple that establishes a community property trust.
Disclaimer: These codes may not be the most recent version. Tennessee may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.
This site is protected by reCAPTCHA and the Google
Privacy Policy and
Terms of Service apply.
