Tennessee · Snapshot open-us-law v2026.08, retrieved 2026-09-17

Tenn. Code Ann. § 49-4-102: Plans subject to law

(a) Any educational cooperative plan or scholarship plan shall be deemed a plan subject to this part if the principal features of the plan consist of: (1) Participation by a specific person based on contributions made on behalf of that person; and (2) Qualification for participation in whole or in part based upon amount and duration of the contribution. (b) Any person, firm, corporation or corporation for profit may advertise or solicit funds for the plans if employed by the corporation not for profit; provided, that the person, firm, corporation or corporation for profit complies fully with the provisions set out in this part. Acts 1968, ch. 589, § 2; T.C.A., § 49-4502.
(a) Any educational cooperative plan or scholarship plan shall be deemed a plan subject to this part if the principal features of the plan consist of: (1) Participation by a specific person based on contributions made on behalf of that person; and (2) Qualification for participation in whole or in part based upon amount and duration of the contribution.
(1) Participation by a specific person based on contributions made on behalf of that person; and
(2) Qualification for participation in whole or in part based upon amount and duration of the contribution.
(b) Any person, firm, corporation or corporation for profit may advertise or solicit funds for the plans if employed by the corporation not for profit; provided, that the person, firm, corporation or corporation for profit complies fully with the provisions set out in this part.

Where this section sits in the code

TN Code
Title 49
Chapter 4

(1) Participation by a specific person based on contributions made on behalf of that person; and

(2) Qualification for participation in whole or in part based upon amount and duration of the contribution.

(b) Any person, firm, corporation or corporation for profit may advertise or solicit funds for the plans if employed by the corporation not for profit; provided, that the person, firm, corporation or corporation for profit complies fully with the provisions set out in this part.

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

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