Unless the governing instrument, court order, or a statute specifically directs otherwise, a bank or trust company serving as trustee, guardian, agent, or in any other fiduciary capacity may invest in any security authorized by this chapter even if that fiduciary or an affiliate of that fiduciary, as defined in former § 35-3-117(d) [repealed], participates or has participated as a member of a syndicate underwriting the security, if:
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