Tennessee Code > Title 48 > For-Profit Business Corporations > Chapter 11 > Part 1 – Short Title and Reservation of Power
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Other versions
§ 48-11-101 | Short title |
§ 48-11-102 | Reservation of power to amend or repeal |
§ 48-11-103 | Eminent domain |
§ 48-11-104 | Applicability |
Terms Used In Tennessee Code > Title 48 > For-Profit Business Corporations > Chapter 11 > Part 1 - Short Title and Reservation of Power
- Amendment: A proposal to alter the text of a pending bill or other measure by striking out some of it, by inserting new language, or both. Before an amendment becomes part of the measure, thelegislature must agree to it.
- 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
- Contract: A legal written agreement that becomes binding when signed.
- Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
- Jurisdiction: (1) The legal authority of a court to hear and decide a case. Concurrent jurisdiction exists when two courts have simultaneous responsibility for the same case. (2) The geographic area over which the court has authority to decide cases.
- Property: includes both personal and real property. See Tennessee Code 1-3-105
- 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