Any trust agreement or declaration of trust may be valid even if no corpus is delivered to the trustee at the time of execution of the instrument if the trustee has the right to receive corpus at a later time or times from the trustor, the trustor's estate or other persons or sources.
Structure 2021 Tennessee Code
Title 35 - Fiduciaries and Trust Estates
Chapter 50 - Miscellaneous Provisions
§ 35-50-101. Joint Control of Deposits by Principal and Surety Is Lawful
§ 35-50-102. Insurance Trusts — Creation — Validity
§ 35-50-106. Trusts for Employees' Benefit — Rule Against Perpetuities
§ 35-50-110. Specifically Enumerated Fiduciary Powers That May Be Incorporated by Reference
§ 35-50-111. Fiduciary Bond on Interest
§ 35-50-112. Impairment of Marital Deduction Prohibited
§ 35-50-121. Delayed Receipt of Trust Corpus
§ 35-50-123. Powers of Fiduciaries
§ 35-50-124. Limited Power of Trustee — Beneficiary — Application
§ 35-50-127. Release of Personal Health Information to Determine Capacity