All trustees, guardians and other fiduciaries in this state, unless prohibited, or another mode of investment is prescribed by the will or deed of the testator or other person establishing the trust, may invest all funds in their hands in securities specified in §§ 35-3-103 — 35-3-111, and may also invest funds in income-producing commercial or residential property.
Structure 2021 Tennessee Code
Title 35 - Fiduciaries and Trust Estates
Chapter 3 - Investment of Trust Funds
§ 35-3-101. Authority of Court
§ 35-3-102. Authorized Investments
§ 35-3-104. Securities of Foreign Governments
§ 35-3-107. Real Estate Bonds and Notes
§ 35-3-111. Obligations of Certain Federal Agencies
§ 35-3-112. State and Federal Bond Issues — Reports
§ 35-3-114. Certificates of Deposit and Savings Accounts
§ 35-3-115. Public Housing Authority Obligations
§ 35-3-119. Tennessee Valley Authority Obligations
§ 35-3-121. Investments in Securities by Banks or Trust Companies