Tennessee Code Title 48. Corporations and Associations § 48-250-110

(1) Membership interests in a member-managed decentralized organization are calculated by dividing a member's contribution of digital assets to the organization divided by the total amount of digital assets contributed to the organization at the time of a vote;

(2) If members do not contribute digital assets to an organization as a prerequisite to becoming a member, each member possesses one (1) membership interest and is entitled to one (1) vote; and

(3) A quorum requires no less than a majority of membership interests entitled to vote.