reglab/statecodes huggingface dataset:
2023 Tennessee Code › Title 48 - CORPORATIONS AND ASSOCIATIONS (§§ 48-1-101 — 48-250-115) › MISCELLANEOUS CORPORATION PROVISIONS (§§ 48-101-101 — 48-103-505) › Chapter 101 - SPECIAL PURPOSE CORPORATIONS AND ASSOCIATIONS (§§ 48-101-101 — 48-101-907) › Part 6 - TENNESSEE PROFESSIONAL CORPORATION ACT (§§ 48-101-601 — 48-101-635) › Section 48-101-626 - Foreign professional corporation - Application for certificate of authority

The application of a foreign professional corporation for a certificate of authority to render professional services in this state shall contain the information required in §
48-25-103
, state its purpose to render a specified professional service, and include a statement that all of its shareholders, not less than one half (1/2) of its directors, and all of its officers other than its secretary and any assistant secretary and treasurer (if any) and any assistant treasurer, are qualified persons with respect to the corporation.
Acts 1992, ch. 698, § 1; T.C.A., § 48-3-626.
2023 Tennessee Code › Title 48 - CORPORATIONS AND ASSOCIATIONS (§§ 48-1-101 — 48-250-115) › MISCELLANEOUS CORPORATION PROVISIONS (§§ 48-101-101 — 48-103-505) › Chapter 101 - SPECIAL PURPOSE CORPORATIONS AND ASSOCIATIONS (§§ 48-101-101 — 48-101-907) › Part 6 - TENNESSEE PROFESSIONAL CORPORATION ACT (§§ 48-101-601 — 48-101-635) › Section 48-101-627 - Foreign professional corporation - Revocation of certificate of authority

The secretary of state may administratively revoke under chapter 25, part 3 of this title the certificate of authority for a foreign professional corporation authorized to transact business in this state if a licensing authority with jurisdiction over a professional service described in this corporation's charter certifies to the secretary of state that the corporation has violated or is violating a provision of this part and describes the violation in the certificate.
Acts 1992, ch. 698, § 1; T.C.A., § 48-3-627.
2023 Tennessee Code › Title 48 - CORPORATIONS AND ASSOCIATIONS (§§ 48-1-101 — 48-250-115) › MISCELLANEOUS CORPORATION PROVISIONS (§§ 48-101-101 — 48-103-505) › Chapter 101 - SPECIAL PURPOSE CORPORATIONS AND ASSOCIATIONS (§§ 48-101-101 — 48-101-907) › Part 6 - TENNESSEE PROFESSIONAL CORPORATION ACT (§§ 48-101-601 — 48-101-635) › Section 48-101-628 - Filing of charter with licensing authorities required

A domestic or foreign professional corporation authorized to transact business in this state may not render professional services in this state until it delivers a certified copy of its charter for filing to each licensing authority with jurisdiction over a professional service described in the charter if required by a rule promulgated by the licensing authority having authority over professional services rendered by employees of the corporation.
Acts 1992, ch. 698, § 1; 1994, ch. 846, § 1; T.C.A., § 48-3-628.
2023 Tennessee Code › Title 48 - CORPORATIONS AND ASSOCIATIONS (§§ 48-1-101 — 48-250-115) › MISCELLANEOUS CORPORATION PROVISIONS (§§ 48-101-101 — 48-103-505) › Chapter 101 - SPECIAL PURPOSE CORPORATIONS AND ASSOCIATIONS (§§ 48-101-101 — 48-101-907) › Part 6 - TENNESSEE PROFESSIONAL CORPORATION ACT (§§ 48-101-601 — 48-101-635) › Section 48-101-629 - Annual statement of qualifications - When required - Contents

(a)
If required by a rule promulgated by the licensing authority having authority over professional services rendered by employees of the corporation, each domestic professional corporation, and each foreign professional corporation authorized to transact business in this state, shall deliver for filing to each licensing authority having jurisdiction over a professional service described in the corporation's charter an annual statement of qualification setting forth:
(1)
The names and usual business addresses of its directors and officers; and
(2)
Information required by rule promulgated by the licensing authority to determine compliance with this part and other rules promulgated under it.
(b)
The first qualification statement required under this section must be delivered to the licensing authority between January 1 and April 1 of the year following the adoption of a rule requiring such statements and the calendar year in which a domestic corporation became a professional corporation or a foreign professional corporation was authorized to transact business in this state. Subsequent qualification statements must be delivered to the licensing authority between January 1 and April 1 of the following calendar years.
(c)
Any information required by a licensing authority pursuant to this section shall be submitted in the annual statement of qualification, and the licensing authority shall have no authority to require the professional corporation to include in its charter filed pursuant to §
48-12-101
any information other than that which is specifically prescribed by §
48-12-102
or other statutes.
Acts 1992, ch. 698, § 1; T.C.A., § 48-3-629; Acts 1998, ch. 927, § 1.
2023 Tennessee Code › Title 48 - CORPORATIONS AND ASSOCIATIONS (§§ 48-1-101 — 48-250-115) › MISCELLANEOUS CORPORATION PROVISIONS (§§ 48-101-101 — 48-103-505) › Chapter 101 - SPECIAL PURPOSE CORPORATIONS AND ASSOCIATIONS (§§ 48-101-101 — 48-101-907) › Part 6 - TENNESSEE PROFESSIONAL CORPORATION ACT (§§ 48-101-601 — 48-101-635) › Section 48-101-630 - Power of licensing authority to promulgate rules

Each licensing authority is empowered to promulgate rules expressly authorized by this part if the rules are consistent with the public interest or required by the public health or welfare or by generally recognized standards of professional conduct.
Acts 1992, ch. 698, § 1; T.C.A., § 48-3-630.
2023 Tennessee Code › Title 48 - CORPORATIONS AND ASSOCIATIONS (§§ 48-1-101 — 48-250-115) › MISCELLANEOUS CORPORATION PROVISIONS (§§ 48-101-101 — 48-103-505) › Chapter 101 - SPECIAL PURPOSE CORPORATIONS AND ASSOCIATIONS (§§ 48-101-101 — 48-101-907) › Part 6 - TENNESSEE PROFESSIONAL CORPORATION ACT (§§ 48-101-601 — 48-101-635) › Section 48-101-631 - Jurisdiction of licensing authority and laws pertaining to standards of professional conduct not restricted

This part does not restrict the jurisdiction of a licensing authority over individuals rendering a professional service within the jurisdiction of the licensing authority, nor does it affect the interpretation or application of any law pertaining to standards of professional conduct.
Acts 1992, ch. 698, § 1; T.C.A., § 48-3-631.
2023 Tennessee Code › Title 48 - CORPORATIONS AND ASSOCIATIONS (§§ 48-1-101 — 48-250-115) › MISCELLANEOUS CORPORATION PROVISIONS (§§ 48-101-101 — 48-103-505) › Chapter 101 - SPECIAL PURPOSE CORPORATIONS AND ASSOCIATIONS (§§ 48-101-101 — 48-101-907) › Part 6 - TENNESSEE PROFESSIONAL CORPORATION ACT (§§ 48-101-601 — 48-101-635) › Section 48-101-632 - Offense - Penalty

(a)
A person commits an offense if such person signs a document such person knows is false in any material respect with intent that the document be delivered to the licensing authority for filing.
(b)
An offense under this section is a Class A misdemeanor.
(c)
The offense created by this section is in addition to any other offense created by law for the same conduct.
Acts 1992, ch. 698, § 1; T.C.A., § 48-3-632.
2023 Tennessee Code › Title 48 - CORPORATIONS AND ASSOCIATIONS (§§ 48-1-101 — 48-250-115) › MISCELLANEOUS CORPORATION PROVISIONS (§§ 48-101-101 — 48-103-505) › Chapter 101 - SPECIAL PURPOSE CORPORATIONS AND ASSOCIATIONS (§§ 48-101-101 — 48-101-907) › Part 6 - TENNESSEE PROFESSIONAL CORPORATION ACT (§§ 48-101-601 — 48-101-635) › Section 48-101-633 - Applicability

(a)
This part applies to all professional corporations in existence on July 1, 1993, that were incorporated under any general statute of this state providing for incorporation of corporations for profit.
(b)
Section
48-101-609(a)(1)
does not apply to the charter of any corporation existing on July 1, 1993, unless and until a charter amendment is filed. The first charter amendment filed after June 30, 1993, by a corporation whose charter does not comply with §
48-101-609(a)(1)
shall include provisions complying with such section.
(c)
Section
48-101-611(a)
does not apply to shares outstanding on July 1, 1993, until such shares are transferred by the shareholder or otherwise reissued by the corporation. Upon such transfer or reissuance, such section shall apply.
(d)
This part does not affect an existing or future right or privilege to render professional services through the use of any other form of business entity.
Acts 1992, ch. 698, § 1; T.C.A., § 48-3-633.
2023 Tennessee Code › Title 48 - CORPORATIONS AND ASSOCIATIONS (§§ 48-1-101 — 48-250-115) › MISCELLANEOUS CORPORATION PROVISIONS (§§ 48-101-101 — 48-103-505) › Chapter 101 - SPECIAL PURPOSE CORPORATIONS AND ASSOCIATIONS (§§ 48-101-101 — 48-101-907) › Part 6 - TENNESSEE PROFESSIONAL CORPORATION ACT (§§ 48-101-601 — 48-101-635) › Section 48-101-634 - Reservation of power to amend or repeal

The general assembly has the power to amend or repeal all or part of this part at any time, and all domestic and foreign professional corporations subject to this part are governed by the amendment or repeal.
Acts 1992, ch. 698, § 1; T.C.A., § 48-3-634.
2023 Tennessee Code › Title 48 - CORPORATIONS AND ASSOCIATIONS (§§ 48-1-101 — 48-250-115) › MISCELLANEOUS CORPORATION PROVISIONS (§§ 48-101-101 — 48-103-505) › Chapter 101 - SPECIAL PURPOSE CORPORATIONS AND ASSOCIATIONS (§§ 48-101-101 — 48-101-907) › Part 6 - TENNESSEE PROFESSIONAL CORPORATION ACT (§§ 48-101-601 — 48-101-635) › Section 48-101-635 - Repeal of a statute by this part

(a)
Except as provided in subsection (b), the repeal of a statute by this part does not affect:
(1)
The operation of the statute or any action taken under it before its repeal;
(2)
Any ratification, right, remedy, privilege, obligation or liability acquired, accrued or incurred under the statute before its repeal;
(3)
Any violation of the statute or any penalty, forfeiture or punishment incurred because of the violation, before its repeal; or
(4)
Any proceeding, reorganization or dissolution commenced under the statute before its repeal and the proceeding, reorganization or dissolution may be completed in accordance with the statute as if it had not been repealed.
(b)
If a penalty or punishment imposed for violation of a statute repealed by this part is reduced by this part, the penalty or punishment if not already imposed shall be imposed in accordance with this part.
Acts 1992, ch. 698, § 1; T.C.A., § 48-3-635.
2023 Tennessee Code › Title 48 - CORPORATIONS AND ASSOCIATIONS (§§ 48-1-101 — 48-250-115) › MISCELLANEOUS CORPORATION PROVISIONS (§§ 48-101-101 — 48-103-505) › Chapter 101 - SPECIAL PURPOSE CORPORATIONS AND ASSOCIATIONS (§§ 48-101-101 — 48-101-907) › Part 7 - NONPROFIT LIMITED LIABILITY COMPANY ACT OF 2001 (§§ 48-101-701 — 48-101-708) › Section 48-101-701 - Short title

This part shall be known and may be cited as the "Nonprofit Limited Liability Company Act of 2001."
Acts 2001, ch. 418, § 1.
2023 Tennessee Code › Title 48 - CORPORATIONS AND ASSOCIATIONS (§§ 48-1-101 — 48-250-115) › MISCELLANEOUS CORPORATION PROVISIONS (§§ 48-101-101 — 48-103-505) › Chapter 101 - SPECIAL PURPOSE CORPORATIONS AND ASSOCIATIONS (§§ 48-101-101 — 48-101-907) › Part 7 - NONPROFIT LIMITED LIABILITY COMPANY ACT OF 2001 (§§ 48-101-701 — 48-101-708) › Section 48-101-702 - Part definitions

As used in this part, unless the context otherwise requires:
(1)
"Limited liability company" or "LLC" means a limited liability company, foreign or domestic, organized under or subject to the Tennessee Limited Liability Company Act, compiled in chapters 201-248 of this title;
(2)
"Nonprofit corporation," for the purposes of this part, means a nonprofit corporation, foreign or domestic, incorporated under or subject to chapters 51-68 of this title and exempt from franchise and excise tax as not-for-profit as defined in §
67-4-2004
;
(3)
"Nonprofit limited liability company" or "nonprofit LLC" means a limited liability company:
(A)
That is disregarded as an entity for federal income tax purposes; and
(B)
Whose sole member is a nonprofit corporation, foreign or domestic, incorporated under or subject to chapters 51-68 of this title and who is exempt from franchise and excise tax as not-for-profit as defined in §
67-4-2004
;
(4)
"Parent nonprofit corporation" means a nonprofit corporation that is the sole member of a nonprofit corporation; and
(5)
"Subsidiary nonprofit corporation" means a nonprofit corporation whose sole member is a nonprofit corporation.
Acts 2001, ch. 418, § 1.
2023 Tennessee Code › Title 48 - CORPORATIONS AND ASSOCIATIONS (§§ 48-1-101 — 48-250-115) › MISCELLANEOUS CORPORATION PROVISIONS (§§ 48-101-101 — 48-103-505) › Chapter 101 - SPECIAL PURPOSE CORPORATIONS AND ASSOCIATIONS (§§ 48-101-101 — 48-101-907) › Part 7 - NONPROFIT LIMITED LIABILITY COMPANY ACT OF 2001 (§§ 48-101-701 — 48-101-708) › Section 48-101-703 - Application

The Tennessee Limited Liability Company Act, compiled in chapters 201-248 of this title shall apply to nonprofit limited liability companies, both domestic and foreign, to the extent not inconsistent with this part.
Acts 2001, ch. 418, § 1.
2023 Tennessee Code › Title 48 - CORPORATIONS AND ASSOCIATIONS (§§ 48-1-101 — 48-250-115) › MISCELLANEOUS CORPORATION PROVISIONS (§§ 48-101-101 — 48-103-505) › Chapter 101 - SPECIAL PURPOSE CORPORATIONS AND ASSOCIATIONS (§§ 48-101-101 — 48-101-907) › Part 7 - NONPROFIT LIMITED LIABILITY COMPANY ACT OF 2001 (§§ 48-101-701 — 48-101-708) › Section 48-101-704 - Organization as a nonprofit LLC

A nonprofit corporation may organize a nonprofit LLC by filing articles of organization prominently designating it as a nonprofit limited liability company with the office of the secretary of state consistent with the Tennessee Limited Liability Company Act; provided, that an LLC shall qualify as a nonprofit LLC only if the LLC is disregarded as an entity for federal income tax purposes. No more than one (1) nonprofit corporation may be a member of a nonprofit LLC.
Acts 2001, ch. 418, § 1.
2023 Tennessee Code › Title 48 - CORPORATIONS AND ASSOCIATIONS (§§ 48-1-101 — 48-250-115) › MISCELLANEOUS CORPORATION PROVISIONS (§§ 48-101-101 — 48-103-505) › Chapter 101 - SPECIAL PURPOSE CORPORATIONS AND ASSOCIATIONS (§§ 48-101-101 — 48-101-907) › Part 7 - NONPROFIT LIMITED LIABILITY COMPANY ACT OF 2001 (§§ 48-101-701 — 48-101-708) › Section 48-101-705 - Standard of conduct for LLC members - Indemnification - Limitation on actions - Application to private foundations

(a)
The standards of conduct established in §§
48-58-301
,
48-58-302
,
48-58-303
, and
48-58-403
applicable to the directors, officers, employees and agents of the nonprofit corporation that is the sole member of a nonprofit LLC shall likewise apply to the governors, managers, employees and agents of the nonprofit LLC.
(b)
The indemnification provisions of chapter 58, part 5 of this title applicable to the directors, officers, employees and agents of the nonprofit corporation that is the sole member of a nonprofit LLC shall likewise apply to the governors, managers, employees and agents of the nonprofit LLC.
(c)
The limitation of actions and immunity from actions provided in chapter 58, part 6 of this title applicable to the directors, officers, trustees and members of the nonprofit corporation that is the sole member of a nonprofit LLC shall likewise apply to the governors and managers of the nonprofit LLC.
(d)
The attorney general and reporter shall have such authority, rights and obligations over nonprofit LLCs as the attorney general and reporter has over nonprofit corporations pursuant to chapters 51-68 of this title.
(e)
If the nonprofit corporation that is the sole member of the nonprofit LLC is a "private foundation" as defined in § 509(a) of the Internal Revenue Code of 1986 (
26 U.S.C. § 509(a)
), the requirements of §
48-51-501
shall likewise apply to the nonprofit LLC.
Amended by 2014 Tenn. Acts, ch. 899,s 95, eff. 1/1/2015.
Acts 2001, ch. 418, § 1.
2023 Tennessee Code › Title 48 - CORPORATIONS AND ASSOCIATIONS (§§ 48-1-101 — 48-250-115) › MISCELLANEOUS CORPORATION PROVISIONS (§§ 48-101-101 — 48-103-505) › Chapter 101 - SPECIAL PURPOSE CORPORATIONS AND ASSOCIATIONS (§§ 48-101-101 — 48-101-907) › Part 7 - NONPROFIT LIMITED LIABILITY COMPANY ACT OF 2001 (§§ 48-101-701 — 48-101-708) › Section 48-101-706 - Limitation on tax liability - Annual filings

Consistent with §
67-4-2007(d)
for excise tax purposes and §
67-4-2106(c)
for franchise tax purposes, a nonprofit LLC shall be disregarded as an entity separate from the nonprofit corporation that is the sole member of the nonprofit LLC for purposes of all state and local Tennessee taxes. The nonprofit LLC shall file annual reports and other filings with the office of the secretary of state as required of all LLCs.
Acts 2001, ch. 418, § 1.
2023 Tennessee Code › Title 48 - CORPORATIONS AND ASSOCIATIONS (§§ 48-1-101 — 48-250-115) › MISCELLANEOUS CORPORATION PROVISIONS (§§ 48-101-101 — 48-103-505) › Chapter 101 - SPECIAL PURPOSE CORPORATIONS AND ASSOCIATIONS (§§ 48-101-101 — 48-101-907) › Part 7 - NONPROFIT LIMITED LIABILITY COMPANY ACT OF 2001 (§§ 48-101-701 — 48-101-708) › Section 48-101-707 - Conversion of subsidiary nonprofit corporations

(a)
A subsidiary nonprofit corporation incorporated in this state may be converted to a nonprofit LLC pursuant to this section.
(b)
The terms and conditions of a conversion of a subsidiary nonprofit corporation to a nonprofit LLC must be approved by the board of directors of the subsidiary nonprofit corporation and the parent nonprofit corporation.
(c)
After the conversion is approved under subsection (b), the subsidiary nonprofit corporation shall file articles of conversion with the office of the secretary of state that satisfy the requirements of §
48-205-101
, and designate the LLC as a nonprofit limited liability company. Such articles shall also include:
(1)
A statement that the nonprofit corporation was converted to a nonprofit LLC;
(2)
The name and principal address of the former nonprofit corporation; and
(3)
A statement that the terms and conditions of the conversion have been approved by the board of directors of the subsidiary nonprofit corporation and the parent nonprofit corporation.
(d)
The conversion is effective when the articles of conversion are filed with the secretary of state or at any later date on or before ninety (90) days from filing of the articles of conversion if specified in such articles. The filing of articles of conversion with the secretary of state, in compliance with this section, shall constitute and, for purposes of chapter 64 of this title, be deemed to be a certificate of cancellation of the subsidiary nonprofit corporation.
(e)
Articles of conversion shall be amended in the same manner as the articles of organization of a limited liability company.
Acts 2001, ch. 418, § 1.
2023 Tennessee Code › Title 48 - CORPORATIONS AND ASSOCIATIONS (§§ 48-1-101 — 48-250-115) › MISCELLANEOUS CORPORATION PROVISIONS (§§ 48-101-101 — 48-103-505) › Chapter 101 - SPECIAL PURPOSE CORPORATIONS AND ASSOCIATIONS (§§ 48-101-101 — 48-101-907) › Part 7 - NONPROFIT LIMITED LIABILITY COMPANY ACT OF 2001 (§§ 48-101-701 — 48-101-708) › Section 48-101-708 - Effect of conversion

(a)
Upon the effective date of the conversion from a subsidiary nonprofit corporation to a nonprofit LLC:
(1)
All property owned by the converting nonprofit corporation remains vested in the nonprofit LLC;
(2)
All obligations of the converting nonprofit corporation continue as obligations of the nonprofit LLC; and
(3)
An action or proceeding pending against the converting nonprofit corporation may be continued as if the conversion had not occurred.
(b)
The converting nonprofit corporation shall not be required to wind up its affairs or to pay its liabilities and distribute its assets, and such conversion shall be deemed to constitute a dissolution of such subsidiary nonprofit corporation.
(c)
The ownership interests or membership of the parent nonprofit corporation in the subsidiary nonprofit corporation shall become membership interests in the nonprofit LLC.
Acts 2001, ch. 418, § 1.
2023 Tennessee Code › Title 48 - CORPORATIONS AND ASSOCIATIONS (§§ 48-1-101 — 48-250-115) › MISCELLANEOUS CORPORATION PROVISIONS (§§ 48-101-101 — 48-103-505) › Chapter 101 - SPECIAL PURPOSE CORPORATIONS AND ASSOCIATIONS (§§ 48-101-101 — 48-101-907) › Part 8 - TENNESSEE REVISED NONPROFIT LIMITED LIABILITY COMPANY ACT (§§ 48-101-801 — 48-101-809) › Section 48-101-801 - Short title

This part shall be known and may be cited as the "Tennessee Revised Nonprofit Limited Liability Company Act."
Acts 2006, ch. 620, § 2.
2023 Tennessee Code › Title 48 - CORPORATIONS AND ASSOCIATIONS (§§ 48-1-101 — 48-250-115) › MISCELLANEOUS CORPORATION PROVISIONS (§§ 48-101-101 — 48-103-505) › Chapter 101 - SPECIAL PURPOSE CORPORATIONS AND ASSOCIATIONS (§§ 48-101-101 — 48-101-907) › Part 8 - TENNESSEE REVISED NONPROFIT LIMITED LIABILITY COMPANY ACT (§§ 48-101-801 — 48-101-809) › Section 48-101-802 - Part definitions

As used in this part, unless the context otherwise requires:
(1)
"LLC" means a limited liability company, whether foreign or domestic, that is formed under, that is subject to, or that has elected to be governed by, as applicable, the Tennessee Revised Limited Liability Company Act, compiled in chapter 249 of this title, except where expressly indicated otherwise;
(2)
"Nonprofit corporation," means a nonprofit corporation, whether foreign or domestic, incorporated pursuant to or subject to chapters 51-68 of this title and exempt from franchise and excise tax as not-for-profit as defined in §
67-4-2004
;
(3)
"Nonprofit LLC" means an LLC that has complied with the requirements of this part;
(4)
"Parent nonprofit corporation" means a nonprofit corporation that is the sole member of a nonprofit corporation; and
(5)
"Subsidiary nonprofit corporation" means a nonprofit corporation, the sole member of which is also a nonprofit corporation.
Acts 2006, ch. 620, § 3.
2023 Tennessee Code › Title 48 - CORPORATIONS AND ASSOCIATIONS (§§ 48-1-101 — 48-250-115) › MISCELLANEOUS CORPORATION PROVISIONS (§§ 48-101-101 — 48-103-505) › Chapter 101 - SPECIAL PURPOSE CORPORATIONS AND ASSOCIATIONS (§§ 48-101-101 — 48-101-907) › Part 8 - TENNESSEE REVISED NONPROFIT LIMITED LIABILITY COMPANY ACT (§§ 48-101-801 — 48-101-809) › Section 48-101-803 - Application of the Tennessee Revised Limited Liability Company Act

The Tennessee Revised Limited Liability Company Act, compiled in chapter 249 of this title, shall apply to nonprofit LLCs, both domestic and foreign, to the extent not inconsistent with this part.
Acts 2006, ch. 620, § 4.
2023 Tennessee Code › Title 48 - CORPORATIONS AND ASSOCIATIONS (§§ 48-1-101 — 48-250-115) › MISCELLANEOUS CORPORATION PROVISIONS (§§ 48-101-101 — 48-103-505) › Chapter 101 - SPECIAL PURPOSE CORPORATIONS AND ASSOCIATIONS (§§ 48-101-101 — 48-101-907) › Part 8 - TENNESSEE REVISED NONPROFIT LIMITED LIABILITY COMPANY ACT (§§ 48-101-801 — 48-101-809) › Section 48-101-804 - Organization as a nonprofit LLC

A nonprofit corporation may form a domestic nonprofit LLC that meets the requirements of §
48-101-805
, by filing articles of organization with the secretary of state that prominently designate it as a nonprofit LLC and that comply with the Tennessee Revised Limited Liability Company Act, compiled in chapter 249 of this title. A foreign nonprofit LLC may obtain a certificate of authority to transact business in this state under the Tennessee Revised Limited Liability Company Act and thereby become subject to and governed by this part as a nonprofit LLC, only if the foreign nonprofit LLC meets the requirements of §
48-101-805
.
Acts 2006, ch. 620, § 5.
2023 Tennessee Code › Title 48 - CORPORATIONS AND ASSOCIATIONS (§§ 48-1-101 — 48-250-115) › MISCELLANEOUS CORPORATION PROVISIONS (§§ 48-101-101 — 48-103-505) › Chapter 101 - SPECIAL PURPOSE CORPORATIONS AND ASSOCIATIONS (§§ 48-101-101 — 48-101-907) › Part 8 - TENNESSEE REVISED NONPROFIT LIMITED LIABILITY COMPANY ACT (§§ 48-101-801 — 48-101-809) › Section 48-101-805 - Requirements of domestic and foreign LLCs

A domestic or foreign nonprofit LLC under this part must:
(1)
Be disregarded as an entity for federal income tax purposes; and
(2)
Have as its sole member a nonprofit corporation, whether foreign or domestic, that is incorporated under or subject to chapters 51-68 of this title and that is exempt from franchise and excise tax as not-for-profit as defined in §
67-4-2004
.
Acts 2006, ch. 620, § 6.
2023 Tennessee Code › Title 48 - CORPORATIONS AND ASSOCIATIONS (§§ 48-1-101 — 48-250-115) › MISCELLANEOUS CORPORATION PROVISIONS (§§ 48-101-101 — 48-103-505) › Chapter 101 - SPECIAL PURPOSE CORPORATIONS AND ASSOCIATIONS (§§ 48-101-101 — 48-101-907) › Part 8 - TENNESSEE REVISED NONPROFIT LIMITED LIABILITY COMPANY ACT (§§ 48-101-801 — 48-101-809) › Section 48-101-806 - Standards of conduct - Indemnification - Limitation on actions and immunity - Authority of attorney general and reporter - Application to private foundations

(a)
The standards of conduct established in §§
48-58-301
- 48-58-303 and 48-58-403 that are applicable to the directors, officers, employees and agents of the nonprofit corporation that is the sole member of a domestic nonprofit LLC shall likewise apply to the directors, managers, officers, employees and agents, as applicable, of the domestic nonprofit LLC.
(b)
The indemnification provisions of title 48, chapter 58, part 5 that are applicable to the directors, officers, employees and agents of the nonprofit corporation that is the sole member of a domestic nonprofit LLC shall likewise apply to the directors, managers, officers, employees and agents, as applicable, of the domestic nonprofit LLC.
(c)
The limitation of actions and immunity from actions provided in title 48, chapter 58, part 6 that are applicable to the directors, officers, trustees and members of the nonprofit corporation that is the sole member of a domestic nonprofit LLC shall likewise apply to the directors and managers, as applicable, of the domestic nonprofit LLC.
(d)
The attorney general and reporter shall have any authority, rights and obligations over nonprofit LLCs that the attorney general and reporter have over nonprofit corporations pursuant to chapters 51-68 of this title.
(e)
If the nonprofit corporation that is the sole member of a domestic nonprofit LLC is a private foundation as defined in § 509(a) of the Internal Revenue Code of 1986 (
26 U.S.C. § 509(a)
), or any successor provision thereof, the requirements of §
48-51-501
shall likewise apply to the domestic nonprofit LLC.
Amended by 2014 Tenn. Acts, ch. 899,s 94, eff. 1/1/2015.
Acts 2006, ch. 620, § 7.
2023 Tennessee Code › Title 48 - CORPORATIONS AND ASSOCIATIONS (§§ 48-1-101 — 48-250-115) › MISCELLANEOUS CORPORATION PROVISIONS (§§ 48-101-101 — 48-103-505) › Chapter 101 - SPECIAL PURPOSE CORPORATIONS AND ASSOCIATIONS (§§ 48-101-101 — 48-101-907) › Part 8 - TENNESSEE REVISED NONPROFIT LIMITED LIABILITY COMPANY ACT (§§ 48-101-801 — 48-101-809) › Section 48-101-807 - Limitation on tax liability - Annual filings

Consistent with §
67-4-2007(d)
for excise tax purposes and §
67-4-2106(c)
for franchise tax purposes, a nonprofit LLC shall be disregarded as an entity separate from the nonprofit corporation that is the sole member of the nonprofit LLC for purposes of all state and local taxes. The nonprofit LLC shall file annual reports and other filings with the office of the secretary of state as required of all LLCs.
Acts 2006, ch. 620, § 8.
2023 Tennessee Code › Title 48 - CORPORATIONS AND ASSOCIATIONS (§§ 48-1-101 — 48-250-115) › MISCELLANEOUS CORPORATION PROVISIONS (§§ 48-101-101 — 48-103-505) › Chapter 101 - SPECIAL PURPOSE CORPORATIONS AND ASSOCIATIONS (§§ 48-101-101 — 48-101-907) › Part 8 - TENNESSEE REVISED NONPROFIT LIMITED LIABILITY COMPANY ACT (§§ 48-101-801 — 48-101-809) › Section 48-101-809 - Applicability of part - Election to be governed by part

(a)
(1)
This part applies to:
(A)
Every domestic nonprofit LLC formed on or after July 1, 2006; and
(B)
Any domestic nonprofit LLC that was formed prior to July 1, 2006, and that has elected to be governed by the Tennessee Revised Limited Liability Company Act, compiled in chapter 249 of this title, pursuant to §
48-249-1002
.
(2)
If there are other specific statutory provisions that govern the formation of, impose restrictions or requirements on, confer special powers, privileges or authorities on or fix special procedures or methods for special categories of LLCs, then to the extent those provisions are inconsistent with or different from this part, those provisions shall prevail.
(3)
A domestic nonprofit LLC that was formed between December 31, 2005, and July 1, 2006, may elect to be governed by the Tennessee Revised Limited Liability Company Act, compiled in chapter 249 of this title, pursuant to §
48-249-1002
, to the same extent as a domestic nonprofit LLC that was formed prior to January 1, 2006.
(b)
Any domestic nonprofit LLC that was formed prior to July 1, 2006, under the Nonprofit Limited Liability Company Act of 2001, compiled in chapter 101, part 7 of this title, and that does not voluntarily elect to be governed by the Tennessee Revised Limited Liability Company Act, compiled in chapter 249 of this title, as provided in subsection (a), shall continue to be governed by the Nonprofit Limited Liability Company Act of 2001.
(c)
This part applies to every foreign nonprofit LLC that first files an application for a certificate of authority under the Tennessee Revised Limited Liability Company Act, compiled in chapter 249 of this title, on or after July 1, 2006. With respect to each foreign nonprofit LLC that first filed an application for a certificate of authority prior to July 1, 2006, the Nonprofit Limited Liability Company Act of 2001 shall apply to the foreign nonprofit LLC, until the due date of the first annual report required to be filed by the foreign nonprofit LLC on or after July 1, 2006, after which due date this part shall apply to the foreign nonprofit LLC, except that the foreign nonprofit LLC shall not be required to obtain a new certificate of authority.
(d)
This part does not affect an action or proceeding commenced or right accrued under the Nonprofit Limited Liability Company Act of 2001.
Acts 2006, ch. 620, § 10.
2023 Tennessee Code › Title 48 - CORPORATIONS AND ASSOCIATIONS (§§ 48-1-101 — 48-250-115) › MISCELLANEOUS CORPORATION PROVISIONS (§§ 48-101-101 — 48-103-505) › Chapter 101 - SPECIAL PURPOSE CORPORATIONS AND ASSOCIATIONS (§§ 48-101-101 — 48-101-907) › Part 9 - NEIGHBORHOOD PRESERVATION NONPROFIT CORPORATION ACT (§§ 48-101-901 — 48-101-907) › Section 48-101-901 - Short title

This part shall be known and may be cited as the "Neighborhood Preservation Nonprofit Corporation Act."
Added by 2014 Tenn. Acts, ch. 963,s 1, eff. 1/1/2015.
2023 Tennessee Code › Title 48 - CORPORATIONS AND ASSOCIATIONS (§§ 48-1-101 — 48-250-115) › MISCELLANEOUS CORPORATION PROVISIONS (§§ 48-101-101 — 48-103-505) › Chapter 101 - SPECIAL PURPOSE CORPORATIONS AND ASSOCIATIONS (§§ 48-101-101 — 48-101-907) › Part 9 - NEIGHBORHOOD PRESERVATION NONPROFIT CORPORATION ACT (§§ 48-101-901 — 48-101-907) › Section 48-101-902 - Part definitions

As used in this part:
(1)
"Bylaws" means the code or codes of rules, other than the charter, adopted pursuant to chapters 51-68 of this title for the regulation or management of the affairs of the corporation irrespective of the name or names by which such rules are designated;
(2)
"Corporation" means a public benefit or mutual benefit corporation which is not a foreign corporation, incorporated under or subject to chapters 51-68 of this title, and is recognized as exempt under § 501(c)(3) of the Internal Revenue Code (
26 U.S.C. § 501(c)(3)
), or any successor section;
(3)
"Foreign corporation" means a nonprofit corporation incorporated under a law other than the law of this state, which would be a nonprofit corporation if formed under the laws of this state;
(4)
"Mutual benefit corporation" means a domestic corporation which becomes by operation of law a mutual benefit corporation pursuant to §
48-68-104
or is formed as a mutual benefit corporation pursuant to chapter 52 of this title; and
(5)
"Public benefit corporation" means a domestic corporation which becomes by operation of law a public benefit corporation pursuant to §
48-68-104
or is formed as a public benefit corporation pursuant to chapter 52 of this title.
Added by 2014 Tenn. Acts, ch. 963,s 1, eff. 1/1/2015.
2023 Tennessee Code › Title 48 - CORPORATIONS AND ASSOCIATIONS (§§ 48-1-101 — 48-250-115) › MISCELLANEOUS CORPORATION PROVISIONS (§§ 48-101-101 — 48-103-505) › Chapter 101 - SPECIAL PURPOSE CORPORATIONS AND ASSOCIATIONS (§§ 48-101-101 — 48-101-907) › Part 9 - NEIGHBORHOOD PRESERVATION NONPROFIT CORPORATION ACT (§§ 48-101-901 — 48-101-907) › Section 48-101-903 - Registration of neighborhood preservation nonprofit corporation - Filing of plat for subject real property

(a)
A corporation seeking designation as a neighborhood preservation nonprofit corporation under this part shall register with the secretary of state by requesting the designation of neighborhood preservation nonprofit corporation in its charter.
(b)
In addition to any other fee for registering the corporation pursuant to applicable law, the secretary of state may also require a fee for acquiring the designation as a neighborhood preservation nonprofit corporation.
(c)
Prior to registering with the secretary of state as set forth in subsection (a), a corporation shall file in the office of the register of deeds in the county that the real property is located a plat that shows the real property that the corporation shall apply its assets towards to preserve and protect from blight, crime, and other purposes.
Added by 2014 Tenn. Acts, ch. 963,s 1, eff. 1/1/2015.
2023 Tennessee Code › Title 48 - CORPORATIONS AND ASSOCIATIONS (§§ 48-1-101 — 48-250-115) › MISCELLANEOUS CORPORATION PROVISIONS (§§ 48-101-101 — 48-103-505) › Chapter 101 - SPECIAL PURPOSE CORPORATIONS AND ASSOCIATIONS (§§ 48-101-101 — 48-101-907) › Part 9 - NEIGHBORHOOD PRESERVATION NONPROFIT CORPORATION ACT (§§ 48-101-901 — 48-101-907) › Section 48-101-904 - Required contents of bylaws for designation as neighborhood preservation nonprofit corporation

In order to qualify for the designation as a neighborhood preservation nonprofit corporation under this part, a corporation shall first include in its bylaws:
(1)
That all members shall be owners of real property located within the area designated in the plat described in §
48-101-903(c)
;
(2)
That decisions of the corporation involving the protection or preservation of real property within the area designated in the plat described in §
48-101-903(c)
shall be made by a two-thirds (2/3) vote of its members;
(3)
That each member shall pay a minimum monthly amount in dues of twenty-five dollars ($25.00) to the corporation and agree, prior to membership, to pay any outstanding dues prior to selling the member's real property located within the area designated in the plat described in §
48-101-903(c)
;
(4)
That all assets of the corporation, minus those needed for administrative purposes, shall be applied towards preserving and protecting the real property designated in the plat described in §
48-101-903(c)
;
(5)
That an itemized financial accounting of assets used for administrative purposes shall be made available to members upon request; and
(6)
That copies of the bylaws shall be provided to members upon becoming members and at any time that the bylaws are changed.
Added by 2014 Tenn. Acts, ch. 963,s 1, eff. 1/1/2015.
2023 Tennessee Code › Title 48 - CORPORATIONS AND ASSOCIATIONS (§§ 48-1-101 — 48-250-115) › MISCELLANEOUS CORPORATION PROVISIONS (§§ 48-101-101 — 48-103-505) › Chapter 101 - SPECIAL PURPOSE CORPORATIONS AND ASSOCIATIONS (§§ 48-101-101 — 48-101-907) › Part 9 - NEIGHBORHOOD PRESERVATION NONPROFIT CORPORATION ACT (§§ 48-101-901 — 48-101-907) › Section 48-101-905 - Eligibility for housing trust fund competitive grants and other applicable grants - Assistance of housing development agency in applying for grants

(a)
Notwithstanding any law to the contrary, a corporation that receives a designation as a neighborhood preservation nonprofit corporation shall be eligible to apply for and receive housing trust fund competitive grants and any other applicable grants from the Tennessee housing development agency; provided, that the corporation meets all requirements for the grants.
(b)
Upon request from a neighborhood preservation nonprofit corporation, the Tennessee housing development agency shall provide assistance in making an application for the grants described in subsection (a) in the same manner in which the Tennessee housing development agency assists other qualifying entities, including, at a minimum, providing a list of all grants that the entity qualifies for and the steps necessary to apply for the listed grants.
Added by 2014 Tenn. Acts, ch. 963,s 1, eff. 1/1/2015.
2023 Tennessee Code › Title 48 - CORPORATIONS AND ASSOCIATIONS (§§ 48-1-101 — 48-250-115) › MISCELLANEOUS CORPORATION PROVISIONS (§§ 48-101-101 — 48-103-505) › Chapter 101 - SPECIAL PURPOSE CORPORATIONS AND ASSOCIATIONS (§§ 48-101-101 — 48-101-907) › Part 9 - NEIGHBORHOOD PRESERVATION NONPROFIT CORPORATION ACT (§§ 48-101-901 — 48-101-907) › Section 48-101-906 - Reports of suspicious activity to law enforcement in area designated in subject plat

Notwithstanding any law to the contrary, an individual member of a neighborhood preservation nonprofit corporation may report suspected suspicious activity to the local law enforcement entity responsible for the area designated in the plat described in §
48-101-903(a)
. The local law enforcement entity is encouraged to investigate the reported activity and may provide a report upon request; provided, that it does not impede an ongoing investigation.
Added by 2014 Tenn. Acts, ch. 963,s 1, eff. 1/1/2015.
2023 Tennessee Code › Title 48 - CORPORATIONS AND ASSOCIATIONS (§§ 48-1-101 — 48-250-115) › MISCELLANEOUS CORPORATION PROVISIONS (§§ 48-101-101 — 48-103-505) › Chapter 101 - SPECIAL PURPOSE CORPORATIONS AND ASSOCIATIONS (§§ 48-101-101 — 48-101-907) › Part 9 - NEIGHBORHOOD PRESERVATION NONPROFIT CORPORATION ACT (§§ 48-101-901 — 48-101-907) › Section 48-101-907 - Compliance with federal law

This part shall be interpreted so as to be fully consistent with applicable federal law.
Added by 2014 Tenn. Acts, ch. 963,s 1, eff. 1/1/2015.
2023 Tennessee Code › Title 48 - CORPORATIONS AND ASSOCIATIONS (§§ 48-1-101 — 48-250-115) › MISCELLANEOUS CORPORATION PROVISIONS (§§ 48-101-101 — 48-103-505) › Chapter 102 - FRATERNAL AND PATRIOTIC ORGANIZATIONS (§§ 48-102-101 — 48-102-405) › Part 1 - ODD FELLOWS (§§ 48-102-101 — 48-102-108) › Section 48-102-101 - General powers of grand lodge

(a)
The officers of the grand lodge of the state of Tennessee, of the Independent Order of Odd Fellows, and their regular successors, are a body politic and corporate, by the name and style of "The Grand Lodge of the Independent Order of Odd Fellows of the State of Tennessee" and, by that name, are invested with power to acquire, possess, occupy, and enjoy real and personal estate, and to sell and convey, or otherwise dispose of the same under the bylaws, rules, and regulations of the lodge; provided, that such bylaws, rules and regulations shall not be contrary to the constitutions of the United States and of this state.
(b)
The corporation, in its name, shall be competent to contract and be contracted with; to sue and be sued, plead and be impleaded, in all courts; to have and use a common seal and to alter the same at its pleasure.
(c)
The right of any future general assembly to alter, repeal, or amend this part is expressly reserved.
Acts 1845-1846, ch. 69, §§ 1, 2; 1847-1848, ch. 60, § 1; Shan., § 2577a4; mod. Code 1932, § 4419; T.C.A. (orig. ed.), §§ 48-1501, 48-4-101.
2023 Tennessee Code › Title 48 - CORPORATIONS AND ASSOCIATIONS (§§ 48-1-101 — 48-250-115) › MISCELLANEOUS CORPORATION PROVISIONS (§§ 48-101-101 — 48-103-505) › Chapter 102 - FRATERNAL AND PATRIOTIC ORGANIZATIONS (§§ 48-102-101 — 48-102-405) › Part 1 - ODD FELLOWS (§§ 48-102-101 — 48-102-108) › Section 48-102-102 - Power of grand lodge over property

The grand lodge is empowered to acquire by purchase, deed, gift, devise, bequest, or otherwise, and to hold, sell, convey, mortgage, bond or otherwise dispose of or encumber any and all property, real and personal, that it may deem necessary for any legitimate purpose of its organization; provided, that such property is, in the opinion of the grand lodge, necessary or convenient in the execution of the objects and purposes of the grand lodge.
Acts 1925, ch. 136, § 1; Shan. Supp., § 2577a; 8; Code 1932, § 4423; T.C.A. (orig. ed.), §§ 48-1502, 48-4-102.
2023 Tennessee Code › Title 48 - CORPORATIONS AND ASSOCIATIONS (§§ 48-1-101 — 48-250-115) › MISCELLANEOUS CORPORATION PROVISIONS (§§ 48-101-101 — 48-103-505) › Chapter 102 - FRATERNAL AND PATRIOTIC ORGANIZATIONS (§§ 48-102-101 — 48-102-405) › Part 1 - ODD FELLOWS (§§ 48-102-101 — 48-102-108) › Section 48-102-103 - Subordinate lodges - Power to acquire and hold or convey property

(a)
The various subordinate lodges of the grand lodge shall be, and each thereof is, empowered to acquire and hold by purchase, deed, gift, devise, bequest, or otherwise any and all property, real and personal, necessary or deemed expedient or proper by the subordinate lodges for the legitimate and proper execution of their objects and purposes, and each and all of the subordinate lodges are empowered to sell, convey, mortgage, bond, or otherwise convey or encumber for lodge purposes, any and all of such property.
(b)
The subordinate lodges may sell or convey their real property only by and with the permission of the grand lodge, or the grand master.
Acts 1925, ch. 136, § 2; Shan. Supp., § 2577a9; Code 1932, § 4424; Acts 1957, ch. 359, § 1; 1967, ch. 38, § 1; T.C.A. (orig. ed.), §§ 48-1503, 48-4-103.
2023 Tennessee Code › Title 48 - CORPORATIONS AND ASSOCIATIONS (§§ 48-1-101 — 48-250-115) › MISCELLANEOUS CORPORATION PROVISIONS (§§ 48-101-101 — 48-103-505) › Chapter 102 - FRATERNAL AND PATRIOTIC ORGANIZATIONS (§§ 48-102-101 — 48-102-405) › Part 1 - ODD FELLOWS (§§ 48-102-101 — 48-102-108) › Section 48-102-104 - Separate property of subordinate lodges

Whenever the grand lodge shall establish or charter a subordinate lodge, the subordinate lodge is invested with the separate right to an amount of real and personal property, to the same extent and under the restrictions of §
48-102-101
. The subordinate lodges have the power, and are specifically authorized, to mortgage or convey in trust their real estate for the purpose of securing the payment of notes or bonds for borrowed money or for other purposes, and it shall be sufficient to bind any lodge in such transaction when a mortgage or deed of trust shall be duly executed by the noble grand and secretary of the lodge.
Acts 1847-1848, ch. 60, § 2; 1907, ch. 595, § 1; Shan., § 2577a5; mod. Code 1932, § 4420; T.C.A. (orig. ed.), §§ 48-1504, 48-4-104.
2023 Tennessee Code › Title 48 - CORPORATIONS AND ASSOCIATIONS (§§ 48-1-101 — 48-250-115) › MISCELLANEOUS CORPORATION PROVISIONS (§§ 48-101-101 — 48-103-505) › Chapter 102 - FRATERNAL AND PATRIOTIC ORGANIZATIONS (§§ 48-102-101 — 48-102-405) › Part 1 - ODD FELLOWS (§§ 48-102-101 — 48-102-108) › Section 48-102-105 - Control of property - Conveyances

(a)
Any and all property, real or personal, owned or held by the grand lodge, and all subordinate lodges thereof, irrespective of the amount of property, shall be held, owned, controlled, enjoyed, and disposed of, or encumbered by those bodies, with all the rights and privileges provided for herein, and no question shall be made of the amount, kind, or character of such property, or the manner of its acquisition or its right to hold the same according to the title or interest vested in the body or bodies.
(b)
The subordinate lodges may sell or convey their real property only by and with the permission of the grand lodge or the grand master.
Acts 1925, ch. 136, § 5; Shan. Supp., § 2577a12; Code 1932, § 4427; Acts 1957, ch. 359, § 2; 1967, ch. 38, § 1; T.C.A. (orig. ed.), §§ 48-1505, 48-4-105.
2023 Tennessee Code › Title 48 - CORPORATIONS AND ASSOCIATIONS (§§ 48-1-101 — 48-250-115) › MISCELLANEOUS CORPORATION PROVISIONS (§§ 48-101-101 — 48-103-505) › Chapter 102 - FRATERNAL AND PATRIOTIC ORGANIZATIONS (§§ 48-102-101 — 48-102-405) › Part 1 - ODD FELLOWS (§§ 48-102-101 — 48-102-108) › Section 48-102-106 - Execution and record of evidences of indebtedness

It shall be sufficient for any mortgages, notes, bonds, debentures, or other evidence of indebtedness, or any security executed for or on behalf of the lodges, grand or subordinate, to be executed by such officers as their bylaws may provide, or such officers as the lodges may direct by appropriate action, a record of which shall be made on the minutes or records of the lodge or lodges.
Acts 1925, ch. 136, § 4; Shan. Supp., § 2577a11; Code 1932, § 4426; T.C.A. (orig. ed.), §§ 48-1506, 48-4-106.
2023 Tennessee Code › Title 48 - CORPORATIONS AND ASSOCIATIONS (§§ 48-1-101 — 48-250-115) › MISCELLANEOUS CORPORATION PROVISIONS (§§ 48-101-101 — 48-103-505) › Chapter 102 - FRATERNAL AND PATRIOTIC ORGANIZATIONS (§§ 48-102-101 — 48-102-405) › Part 1 - ODD FELLOWS (§§ 48-102-101 — 48-102-108) › Section 48-102-107 - Construction and maintenance of buildings by lodges

The grand lodge and each subordinate lodge are empowered to erect and maintain all necessary and suitable buildings, halls, lodge rooms, hospitals, homes for widows and orphans of deceased members, and all other buildings or plants necessary or deemed expedient in the execution of the objects and purposes of the organization, and to collect and apply all rents and income derived from any and all such property; provided, that the application be had in furtherance of the objects and purposes of the organization.
Acts 1925, ch. 136, § 3; Shan. Supp., § 2577a10; Code 1932, § 4425; T.C.A. (orig. ed.), §§ 48-1507, 48-4-107.
2023 Tennessee Code › Title 48 - CORPORATIONS AND ASSOCIATIONS (§§ 48-1-101 — 48-250-115) › MISCELLANEOUS CORPORATION PROVISIONS (§§ 48-101-101 — 48-103-505) › Chapter 102 - FRATERNAL AND PATRIOTIC ORGANIZATIONS (§§ 48-102-101 — 48-102-405) › Part 1 - ODD FELLOWS (§§ 48-102-101 — 48-102-108) › Section 48-102-108 - Liquidation of subordinate lodges

Whenever the authority establishing the subordinate lodge is withdrawn, and the separate existence of the subordinate lodge is destroyed, the property of the lodge shall be placed in the hands of a trustee appointed by the grand lodge from the members of the subordinate lodge or from the members of any other subordinate lodge in Tennessee, to pay its debts and liabilities. The residue of the real estate, if there is any, shall be applied by the trustee, as may be prescribed by the bylaws or resolutions of the grand lodge.
Acts 1847-1848, ch. 60, § 3; Shan., § 2577a6; Code 1932, § 4421; Acts 1957, ch. 359, § 3; T.C.A. (orig. ed.), §§ 48-1508, 48-4-108.
2023 Tennessee Code › Title 48 - CORPORATIONS AND ASSOCIATIONS (§§ 48-1-101 — 48-250-115) › MISCELLANEOUS CORPORATION PROVISIONS (§§ 48-101-101 — 48-103-505) › Chapter 102 - FRATERNAL AND PATRIOTIC ORGANIZATIONS (§§ 48-102-101 — 48-102-405) › Part 2 - FREEMASONS (§§ 48-102-201 — 48-102-203) › Section 48-102-201 - Privileges and benefits generally

The order of freemasons shall be entitled to all the privileges and benefits of part 1 of this chapter to the same extent and upon the same conditions, except that the subordinate lodges of Free and Accepted Masonry, as chartered by the grand lodge of the state of Tennessee, are authorized to sell and convey their real property without the permission of the grand lodge or the grand master.
Acts 1847-1848, ch. 60, § 4; Shan., § 2577a7; Code 1932, § 4422; Acts 1967, ch. 38, § 1; T.C.A. (orig. ed.), §§ 48-1503, 48-1505, 48-1509, 48-4-201.