Article 1. General Provisions. |
§ 19-3-1. Express trust for support, maintenance and education of relative; qualified trust under Internal Revenue Code; definitions. |
§ 19-3-2. Extinguishment of trust. |
§ 19-3-3. Estate of trustee; termination of trust estate. |
§ 19-3-4. Indemnification of trustee. |
§ 19-3-5. Notice of settlement. |
§ 19-3-6. Allowance of fees. |
§ 19-3-7. Registration of securities held by corporate fiduciary in name of nominee of such fiduciary. |
§ 19-3-8. Execution of proxies by fiduciary holding corporate stocks. |
§ 19-3-9. Satisfaction of pecuniary gifts by distribution of property in kind. |
§ 19-3-10. Conversion or exchange, etc., of securities upon merger, consolidation, etc. |
§ 19-3-11. Powers of fiduciaries regarding environmental laws affecting property held by fiduciary. |
Article 2. Express Trusts for Payment or Security of Debts. |
§ 19-3-20. Right of creditors to apply for order requiring trustee to give bond. |
§ 19-3-21. Contents of application; notice of hearing. |
§ 19-3-22. Hearing; order. |
§ 19-3-23. Failure of trustee to give bond; appointment of successor. |
§ 19-3-24. Duty of trustee to make inventory; filing of copies; supplemental inventories. |
§ 19-3-25. Appointment and duties of appraisers. |
§ 19-3-26. When petition for administration may be filed; contents of petition. |
§ 19-3-27. Submission of petition to circuit judge; order designating time for presenting claims. |
§ 19-3-28. Notice to creditors. |
§ 19-3-29. Presentation of claims; verification; receipt. |
§ 19-3-30. Claims docket. |
§ 19-3-31. Claims presented and not objected to stand allowed. |
§ 19-3-32. Objections to claims - Filing of objections. |
§ 19-3-33. Objections to claims - Time for hearing; notice. |
§ 19-3-34. Objections to claims - Conduct of hearing; order allowing or disallowing claim. |
§ 19-3-35. Duty of trustee to render account. |
§ 19-3-36. Time for settlement; notice to creditors. |
§ 19-3-37. Examination and auditing of account; judgment. |
§ 19-3-38. Admissibility of evidence at hearings; exceptions; appeals. |
§ 19-3-39. Compromise or sale of bad debts. |
§ 19-3-40. Sale of real estate; notice to creditors. |
§ 19-3-41. When settlements compelled; removal of trustee and appointment of successor. |
Article 3. Business Trusts. |
§ 19-3-60. Definition of "business trust." |
§ 19-3-61. Establishment; lawful purposes. |
§ 19-3-62. Powers and liabilities of trustees; liability of trust for acts of trustees. |
§ 19-3-63. Certificates of ownership; liability of beneficial owners. |
§ 19-3-64. Contents and recordation of declaration of trust. |
§ 19-3-65. Duration of business trust; rules against perpetuities and restraint of alienation not violated. |
§ 19-3-66. Suits against trust; property subject to attachment and execution. |
§ 19-3-67. Taxation. |
Article 4. Fiduciary Funds in Hands of Officials. |
§ 19-3-80. "Fiduciary funds" defined. |
§ 19-3-81. Fiduciary funds in hands of register, probate judge, sheriff, and clerk to be reported. |
§ 19-3-82. Filing of reports of clerk and register. |
§ 19-3-83. Filing of sheriff's report. |
§ 19-3-84. Reports to be open to public. |
§ 19-3-85. Filing and recordation of probate judge's report. |
§ 19-3-86. Enforcement. |
§ 19-3-87. Unclaimed funds. |
Article 5. Liability of Trust Estate and Remedy for Enforcing. Repealed. |
§ 19-3-100. When trust estate may become liable. |
§ 19-3-101. Petition to enforce liability - Filing; substitution of parties. |
§ 19-3-102. Petition to enforce liability - Judgment charging estate. |
§ 19-3-103. Petition to enforce liability - Pending action for administration. |
§ 19-3-104. Petition to enforce liability - Charging real property. |
§ 19-3-105. Misapplication of assets. |
§ 19-3-106. Tracing misapplied assets. |
§ 19-3-107. Framing relief so as to render trust effectual. |
Article 6. Investment of Trust Estate. |
§ 19-3-120. Classes of authorized investments; repeal of conflicting statutes. |
§ 19-3-120.1. Investments in common trusts, collective investment funds, and interests of investment companies and trusts. |
§ 19-3-120.2. Standards for fiduciary investment and management. |
§ 19-3-121. Interest-bearing warrants. |
§ 19-3-122. Securities issued or insured by secretary of housing and urban development. |
§ 19-3-123. Mortgages insured by secretary of housing and urban development - Investment. |
§ 19-3-124. Mortgages insured by secretary of housing and urban development - Sale, etc. |
§ 19-3-125. Life, endowment, or annuity contracts. |
§ 19-3-126. Tax anticipation bonds, etc., of certain counties. |
§ 19-3-127. Bonds of Tennessee Valley Authority. |
§ 19-3-128. Debts incurred under National Housing Act and under acts of congress relating to veterans' benefits. |
§ 19-3-129. General rules of law govern trustee's liability. |
§ 19-3-130. Investment outside state. |
§ 19-3-131. Petition to obtain authority; notice. |
§ 19-3-132. Judgment on hearing. |
Article 7. Participation in Partnerships. |
§ 19-3-150. "Fiduciary" defined. |
§ 19-3-151. Right of fiduciary to participate in partnership; liability of fiduciary, estate and beneficial owners. |
§ 19-3-152. Power of fiduciary to limit liability of estate or himself. |
Article 8. Partition or Sale of Real or Personal Property. |
§ 19-3-170. Partition of freehold devised with contingent interest. |
§ 19-3-171. Sale of land held under trust deed. |
§ 19-3-172. Sale of land devised and held in trust. |
§ 19-3-173. Investment of proceeds of sale. |
Article 9. Removal of Trust Estate to Another State. |
§ 19-3-190. Power of circuit court to authorize removal of trust estate. |
§ 19-3-191. Petition to obtain removal; notice. |
§ 19-3-192. Judgment on hearing. |
Article 10. Appointment, Resignation and Removal of Trustees. |
Division 1. General Provisions. |
§ 19-3-210. Resignation. |
§ 19-3-211. Removal - Grounds. |
§ 19-3-212. Removal - Appointment of successor. |
Division 2. Removal of Trust Estate From Another State. |
§ 19-3-230. Application to appoint trustee. |
§ 19-3-231. Notice of hearing. |
§ 19-3-232. Appointment of trustee. |
§ 19-3-233. Bond. |
§ 19-3-234. Fees of register or clerk. |
Article 11. Succession or Appointment of New Trustees. |
§ 19-3-250. Power of circuit court to fill vacancy. |
§ 19-3-251. When circuit court must appoint new trustee; number of new trustees. |
§ 19-3-252. Survivorship between cotrustees. |
§ 19-3-253. Representative of deceased sole trustee to settle with succeeding trustee. |
Article 12. Principal and Income. Repealed. |
§ 19-3-270. Definitions. |
§ 19-3-271. Applicability of article; powers of settlor. |
§ 19-3-272. Income and principal; disposition. |
§ 19-3-273. Apportionment of income. |
§ 19-3-274. Corporate dividends and share rights. |
§ 19-3-275. Premium and discount obligations. |
§ 19-3-276. Principal used in business. |
§ 19-3-277. Principal comprising animals. |
§ 19-3-278. Disposition of natural resources. |
§ 19-3-279. Principal subject to depletion. |
§ 19-3-280. Unproductive estate. |
§ 19-3-281. Expenses — Trust estates. |
§ 19-3-282. Expenses — Nontrust estates. |
Article 13. Private Foundations, Charitable Trusts, and Split-interest Trusts. |
§ 19-3-300. Trustee not to engage in certain acts subjecting trust to federal taxation. |
§ 19-3-301. Power to amend trust instrument. |
§ 19-3-302. Rights and powers of courts and Attorney General not impaired. |
§ 19-3-303. Future provisions of federal internal revenue laws included. |
Article 14. Actions of Trustees of Express Trusts. Repealed. |
§ 19-3-320. Definitions. |
§ 19-3-321. Trustee allowed to perform prudent person actions without prior court authorization. |
§ 19-3-322. Powers of trustee. |
§ 19-3-323. Termination of small trusts where continued administration too costly; actions by trustee to carry out trust purpose. |
§ 19-3-324. Actions trustee who is also beneficiary may not perform; powers of person who has right to remove trustee; parties in interest. |
§ 19-3-325. Concurrence of all co-trustees required. |
§ 19-3-326. Payment out of trust estate of expenses of trustee in defending or prosecuting proceedings in good faith. |
§ 19-3-327. Applicability of article. |
§ 19-3-328. Construction of article. |