Terms Used In Tennessee Code 4-14-201

  • 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.

There is hereby established, to carry out the purposes of this chapter, a private not-for-profit corporation to be known as the “Tennessee technology development corporation dba Launch Tennessee” and, in this part, as “the corporation”.