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Tennessee · Snapshot open-us-law v2026.08, retrieved 2026-09-14

Tenn. Code Ann. § 48-235-102: Restatement of value of previous contributions

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Where this section sits in the code
  1. TN Code
  2. Title 48
  3. Chapter 235

(a) Definition. As used in this section, an "old" contribution is a contribution reflected in the required records of an LLC before the time the LLC accepts a new contribution.

(b) Restatement Required. Whenever an LLC accepts a new contribution, the board of governors of a board-governed LLC or the members shall restate the value of all old contributions if and as required by applicable federal tax law.

Collected 2026-09-14T18:32:26Z. Source file · JSON

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