Tenn. Code Ann. § 48-101-805: Requirements of domestic and foreign LLCs

A domestic or foreign nonprofit LLC under this part must:

(1) Be disregarded as an entity for federal income tax purposes; and

(2) Have as its sole member a nonprofit corporation, whether foreign or domestic, that is incorporated under or subject to chapters 51-68 of this title and that is exempt from franchise and excise tax as not-for-profit as defined in § 67-4-2004 .