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Current as of January 02, 2024 | Updated by Findlaw Staff
(a) Any condition, stipulation, provision, or term of any agreement that is in conflict with this part or that would purport to waive or restrict the application of any provision of this part is void and unenforceable.
(b) Nothing in this part abrogates or amends the standards for directors set forth in § 48-58-301.
(c) In addition to any other remedies or rights of actions, a Tennessee nonprofit corporation that is injured by a violation or threatened violation of this part may bring a private right of action for injunctive relief and to recover costs and reasonable attorneys' fees if the Tennessee nonprofit corporation is the prevailing party in the action.
(d) All ordinances, resolutions, rules, or requirements of any type that are in conflict with this part are void and unenforceable.
Cite this article: FindLaw.com - Tennessee Code Title 48. Corporations and Associations § 48-53-204 - last updated January 02, 2024 | https://codes.findlaw.com/tn/title-48-corporations-and-associations/tn-code-sect-48-53-204/
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature before relying on it for your legal needs.
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