No company shall act as a fiduciary in this state except:
No company shall engage in an unauthorized trust activity. No company shall be deemed to be subject to this chapter and chapter 1 of this title, regulating fiduciary activities to the extent that the company's activities are permitted by existing statutory authority or are customarily performed as a traditional incident to the company's regular business activities.
Structure 2021 Tennessee Code
Title 45 - Banks and Financial Institutions
Chapter 2 - Banking Institutions
§ 45-2-1001. Company Authorized to Act as Fiduciary
§ 45-2-1005. Fiduciary Bond or Oath Excused
§ 45-2-1011. Fiduciary Activities of Out-of-State Trust Institution
§ 45-2-1015. Name of Trust Institution
§ 45-2-1016. Designation of Trustee
§ 45-2-1017. Choice of Law Governing Trust and Fiduciary Investments