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Tennessee Code Title 48. Corporations and Associations § 48-11-203

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(a) For purposes of chapters 11-27 of this title, the following identified as a shareholder in a corporation's current record of shareholders constitutes one (1) shareholder:

(1) Three (3) or fewer co-owners;

(2) A corporation, partnership, trust, estate, or other entity;  and

(3) The trustees, guardians, custodians, or other fiduciaries of a single trust, estate, or account.

(b) For purposes of chapters 11-27 of this title, shareholdings registered in substantially similar names constitute one (1) shareholder if it is reasonable to believe that the names represent the same person.

Cite this article: FindLaw.com - Tennessee Code Title 48. Corporations and Associations § 48-11-203 - last updated January 01, 2020 | https://codes.findlaw.com/tn/title-48-corporations-and-associations/tn-code-sect-48-11-203/


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