Tennessee Code 39-17-1401 – Part definitions
Current as of: 2024 | Check for updates
|
Other versions
As used in this part, unless the context otherwise requires:
Terms Used In Tennessee Code 39-17-1401
- 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.
- Motor vehicle: means any vehicle which is self-propelled. See Tennessee Code 39-17-1401
- Partnership: A voluntary contract between two or more persons to pool some or all of their assets into a business, with the agreement that there will be a proportional sharing of profits and losses.