Tennessee Code 67-8-302 – Classification of beneficiaries
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[Not applicable to decedents who die in 2016 or after, see section 67-8-318.]
The following named beneficiaries shall be included in:
Terms Used In Tennessee Code 67-8-302
- 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.
- Decedent: A deceased person.
- Lineal descendant: Direct descendant of the same ancestors.
- Person: includes a corporation, firm, company or association. See Tennessee Code 1-3-105