{"data":{"id":"us-tn/tenn.-code-ann.-35-15-508","jurisdiction":"us-tn","citation":"Tenn. Code Ann. § 35-15-508","heading":"Removal or replacement power over trustee or other fiduciary not reachable by holder's creditors - Interests of beneficiary who is also a trustee or other fiduciary not reachable","body":"(a) No creditor or assignee of a beneficiary shall have the power to reach an interest of a beneficiary or any other person who holds an unconditional or conditional removal or replacement power over a trustee or other fiduciary. Such power over a trustee or other fiduciary is personal to the holder and shall not be exercised by the holder's creditors. No court shall direct a holder to exercise the power. (b) Subject to § 35-15-504(b)(3) : (1) No creditor or assignee of a beneficiary may reach an interest of a beneficiary who is also a trustee, cotrustee or other fiduciary, or otherwise compel a distribution because the beneficiary is then serving as a trustee, cotrustee or other fiduciary; and (2) No court may foreclose against a beneficiary's interest described in subdivision (b)(1). Added by 2013 Tenn. Acts, ch. 390,s 23, eff. 7/1/2013.\n(a) No creditor or assignee of a beneficiary shall have the power to reach an interest of a beneficiary or any other person who holds an unconditional or conditional removal or replacement power over a trustee or other fiduciary. Such power over a trustee or other fiduciary is personal to the holder and shall not be exercised by the holder's creditors. No court shall direct a holder to exercise the power.\n(b) Subject to § 35-15-504(b)(3) : (1) No creditor or assignee of a beneficiary may reach an interest of a beneficiary who is also a trustee, cotrustee or other fiduciary, or otherwise compel a distribution because the beneficiary is then serving as a trustee, cotrustee or other fiduciary; and (2) No court may foreclose against a beneficiary's interest described in subdivision (b)(1).\n(1) No creditor or assignee of a beneficiary may reach an interest of a beneficiary who is also a trustee, cotrustee or other fiduciary, or otherwise compel a distribution because the beneficiary is then serving as a trustee, cotrustee or other fiduciary; and\n(2) No court may foreclose against a beneficiary's interest described in subdivision (b)(1).","path":["TN Code","Title 35","Chapter 15"],"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":"bd488ee046c673a0906647bbd3abba6abbc668ae0e5d7eaa121b108c158a69d6","source_id":"us-tn","stale":false,"prev":"us-tn/tenn.-code-ann.-35-15-507","next":"us-tn/tenn.-code-ann.-35-15-509"},"notice":"GroundRules: Original legal text. Not legal advice."}