Tennessee Code 35-6-101 – Short title
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Terms Used In Tennessee Code 35-6-101
- Income: means money or property that a fiduciary receives as current return from a principal asset. See Tennessee Code 35-6-102
- Principal: means property held in trust for distribution to a remainder beneficiary when the trust terminates. See Tennessee Code 35-6-102
This chapter shall be known and may be cited as the “Uniform Principal and Income Act”.