Tennessee Code 48-101-203 – Recognized form of association
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Terms Used In Tennessee Code 48-101-203
- Business: includes every trade, occupation, profession, investment activity and other lawful purpose for gain or the preservation of assets whether or not carried on for profits. See Tennessee Code 48-202-101
- State: when applied to the different parts of the United States, includes the District of Columbia and the several territories of the United States. See Tennessee Code 1-3-105
A Massachusetts trust is permitted as a recognized form of association for the conduct of business within the state of Tennessee.