{"data":{"id":"us-tn/tenn.-code-ann.-12-12-103","jurisdiction":"us-tn","citation":"Tenn. Code Ann. § 12-12-103","heading":"Chapter definitions","body":"As used in this chapter: (1) \"Energy sector of Iran\" means activities to develop petroleum or natural gas resources or nuclear power in Iran; (2) \"Financial institution\" means the term as used in Section 14 of the Iran and Libya Sanctions Act of 1996 (Public Law 104 - 172; 50 U.S.C. § 1701 note); (3) \"Investment\" means a commitment or contribution of funds or property, whatever the source, a loan or other extension of credit, and the entry into or renewal of a contract for goods or services. \"Investment\" does not include indirect beneficial ownership through index funds, commingled funds, limited partnerships, derivative instruments, or the like; (4) \"Iran\" includes the government of Iran and any agency or instrumentality of Iran; (5) \"Person\" means any of the following: (A) A natural person, corporation, company, limited liability company, business association, partnership, society, trust, or any other nongovernmental entity, organization, or group; (B) Any governmental entity or instrumentality of a government, including a multilateral development institution, as defined in Section 1701(c)(3) of the International Financial Institutions Act ( 22 U.S.C. § 262r(c)(3) ); or (C) Any successor, subunit, parent entity, or subsidiary of, or any entity under common ownership or control with, any entity described in subdivisions (5)(A) and (B); and (6) \"State agency\" means each state board, commission, department, executive department or office, institution, and instrumentality. Added by 2016 Tenn. Acts, ch. 817, s 1, eff. 7/1/2016.\nAs used in this chapter:\n(1) \"Energy sector of Iran\" means activities to develop petroleum or natural gas resources or nuclear power in Iran;\n(2) \"Financial institution\" means the term as used in Section 14 of the Iran and Libya Sanctions Act of 1996 (Public Law 104 - 172; 50 U.S.C. § 1701 note);\n(3) \"Investment\" means a commitment or contribution of funds or property, whatever the source, a loan or other extension of credit, and the entry into or renewal of a contract for goods or services. \"Investment\" does not include indirect beneficial ownership through index funds, commingled funds, limited partnerships, derivative instruments, or the like;\n(4) \"Iran\" includes the government of Iran and any agency or instrumentality of Iran;\n(5) \"Person\" means any of the following: (A) A natural person, corporation, company, limited liability company, business association, partnership, society, trust, or any other nongovernmental entity, organization, or group; (B) Any governmental entity or instrumentality of a government, including a multilateral development institution, as defined in Section 1701(c)(3) of the International Financial Institutions Act ( 22 U.S.C. § 262r(c)(3) ); or (C) Any successor, subunit, parent entity, or subsidiary of, or any entity under common ownership or control with, any entity described in subdivisions (5)(A) and (B); and\n(A) A natural person, corporation, company, limited liability company, business association, partnership, society, trust, or any other nongovernmental entity, organization, or group;\n(B) Any governmental entity or instrumentality of a government, including a multilateral development institution, as defined in Section 1701(c)(3) of the International Financial Institutions Act ( 22 U.S.C. § 262r(c)(3) ); or\n(C) Any successor, subunit, parent entity, or subsidiary of, or any entity under common ownership or control with, any entity described in subdivisions (5)(A) and (B); and\n(6) \"State agency\" means each state board, commission, department, executive department or office, institution, and instrumentality.","path":["TN Code","Title 12","Chapter 12"],"source_url":"https://oss-data-us.vaquill.ai/v2026.08/us_tn_statutes.parquet","current_through":"2026-08-14","vintage":"open-us-law v2026.08, retrieved 2026-09-14","retrieved_at":"2026-09-14T18:32:26Z","sha256":"01c8ebd86e6e8655322fd5ba79d7148cceb6cc9ba50af3e05379f33af08c2c93","source_id":"us-tn","stale":false,"prev":"us-tn/tenn.-code-ann.-12-12-102","next":"us-tn/tenn.-code-ann.-12-12-104"},"notice":"GroundRules: Original legal text. Not legal advice."}