Tennessee Code 45-2-1016 – Designation of trustee
Current as of: 2024 | Check for updates
|
Other versions
Terms Used In Tennessee Code 45-2-1016
- Fiduciary: A trustee, executor, or administrator.
- Person: means an individual, corporation, firm, trust, estate, partnership, joint venture, or association. See Tennessee Code 45-1-103
- 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
- Trust institution: means a depository institution, foreign bank, state bank or trust company authorized to act as a fiduciary. See Tennessee Code 45-1-103
Any person residing in this state may designate any trust institution to act as a fiduciary on behalf of the person.