Tennessee Code 35-14-107 – Loyalty
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Terms Used In Tennessee Code 35-14-107
- Assets: (1) The property comprising the estate of a deceased person, or (2) the property in a trust account.
- Trust: means any fiduciary relationship created by a governing instrument. See Tennessee Code 35-14-102
A trustee shall invest and manage the trust assets solely in the interest of the beneficiaries.