GroundRules
Tenn. Code Ann. § 4-51-101: Creation of corporation
Where this section sits in the code
- TN Code
- Title 4
- Chapter 51
(a) There is hereby created a corporation, which shall be known as the "Tennessee education lottery corporation."
(b) The corporation shall be registered with the secretary of state and shall be subject to the corporate laws of the state.
(c) The corporation shall be a body, politic and corporate, and a quasi-public instrumentality, and not a state agency or department, which shall be deemed to be acting in all respects for the benefit of the people of the state through the operation of a state lottery and in the performance of other essential public functions entrusted to it.
(d) The corporation shall have perpetual succession and shall adopt, amend, and repeal bylaws and regulations for the conduct of its affairs.
(e) The corporation shall strive to maximize net lottery proceeds.
(f) Venue for the corporation is Davidson County.
Collected 2026-09-17T21:51:56Z. Source file · JSON
Compilation CC BY 4.0, Open US Law (Vaquill AI). GroundRules uses only the releases published under CC BY 4.0: from v2026.09 the compilation is licensed CC BY-NC 4.0, and GroundRules does not use those releases. Each affected row names its release in its vintage label. GroundRules parsed and filtered the compilation to retain enacted text. Source · License
Tennessee electronic product files were republished by Public.Resource.Org under a public-domain mark. GroundRules uses enacted text from Release 76 only as a labeled supplement to the newer Open US Law rows. Source