{"data":{"id":"us-tn/tenn.-code-ann.-35-16-103","jurisdiction":"us-tn","citation":"Tenn. Code Ann. § 35-16-103","heading":"Qualified affidavit requirements","body":"A qualified affidavit shall state that:\n(1) The transferor has full right, title, and authority to transfer the assets to the trust;\n(2) The transfer of the assets to the trust will not render the transferor insolvent;\n(3) The transferor does not intend to defraud a creditor by transferring the assets to the trust;\n(4) The transferor does not have any pending or threatened court actions against the transferor, except for those court actions identified by the transferor on an attachment to the affidavit;\n(5) The transferor is not involved in any administrative proceedings, except for those administrative proceedings identified on an attachment to the affidavit;\n(6) The transferor does not contemplate filing for relief under the federal bankruptcy code; and\n(7) The assets being transferred to the trust were not derived from unlawful activities.","path":["TN Code","Title 35","Chapter 16"],"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":"804730b5e36f11fa3a922fdffc54af8eb76011110a39bf8d0011ea75b8117563","source_id":"us-tn","stale":false,"prev":"us-tn/tenn.-code-ann.-35-16-102","next":"us-tn/tenn.-code-ann.-35-16-104"},"notice":"GroundRules: Original legal text. Not legal advice."}