Tenn. Code Ann. § 67-8-701: Short title - Purpose

(a) This part shall be known and may be cited as the "Payment of Transfer Taxes in Kind Act."

(b) It is the intent of this part, in appropriate circumstances, to allow the payment of transfer taxes under this chapter by the transfer to the state of unique objects of significant historical or artistic interest, unique sites or buildings of historical interest, or interests in real property having recreational, cultural, conservational, or wildlife value, or value to the state for a public purpose. It is not the intent to create a right in anyone to pay transfer taxes in kind.