{"data":{"id":"us-tn/tenn.-code-ann.-35-2-102","jurisdiction":"us-tn","citation":"Tenn. Code Ann. § 35-2-102","heading":"Chapter definitions","body":"(a) In this chapter, unless the context otherwise requires: (1) \"Bank\" includes any person or association of persons, whether incorporated or not, carrying on the business of banking; (2) \"Fiduciary\" includes a trustee under any trust, expressed, implied, resulting or constructive, executor, administrator, personal representative, guardian, conservator, curator, receiver, trustee in bankruptcy, assignee for the benefit of creditors, partner, agent, officer of a corporation, public or private, public officer, or any other person acting in a fiduciary capacity for any person, trust or estate; (3) \"Person\" includes a corporation, partnership, or other association, or two (2) or more persons having a joint or common interest; (4) \"Principal\" includes any person to whom a fiduciary as such owes an obligation; and (5) \"Savings institution\" includes a federal or state savings and loan association or savings bank. (b) A thing is done \"in good faith,\" within the meaning of this chapter, when it is in fact done honestly, whether it is done negligently or not. Acts 1953, ch. 82, § 1 (Williams, § 9596.18); T.C.A. (orig. ed.), § 35-202; Acts 1985, ch. 167, § 1; 1988, ch. 854, § 13.\n(a) In this chapter, unless the context otherwise requires: (1) \"Bank\" includes any person or association of persons, whether incorporated or not, carrying on the business of banking; (2) \"Fiduciary\" includes a trustee under any trust, expressed, implied, resulting or constructive, executor, administrator, personal representative, guardian, conservator, curator, receiver, trustee in bankruptcy, assignee for the benefit of creditors, partner, agent, officer of a corporation, public or private, public officer, or any other person acting in a fiduciary capacity for any person, trust or estate; (3) \"Person\" includes a corporation, partnership, or other association, or two (2) or more persons having a joint or common interest; (4) \"Principal\" includes any person to whom a fiduciary as such owes an obligation; and (5) \"Savings institution\" includes a federal or state savings and loan association or savings bank.\n(1) \"Bank\" includes any person or association of persons, whether incorporated or not, carrying on the business of banking;\n(2) \"Fiduciary\" includes a trustee under any trust, expressed, implied, resulting or constructive, executor, administrator, personal representative, guardian, conservator, curator, receiver, trustee in bankruptcy, assignee for the benefit of creditors, partner, agent, officer of a corporation, public or private, public officer, or any other person acting in a fiduciary capacity for any person, trust or estate;\n(3) \"Person\" includes a corporation, partnership, or other association, or two (2) or more persons having a joint or common interest;\n(4) \"Principal\" includes any person to whom a fiduciary as such owes an obligation; and\n(5) \"Savings institution\" includes a federal or state savings and loan association or savings bank.\n(b) A thing is done \"in good faith,\" within the meaning of this chapter, when it is in fact done honestly, whether it is done negligently or not.","path":["TN Code","Title 35","Chapter 2"],"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":"c77f395362cfa382f7586b59941577b4e6a3d26478e020c63148c31fe9703607","source_id":"us-tn","stale":false,"prev":"us-tn/tenn.-code-ann.-35-2-101","next":"us-tn/tenn.-code-ann.-35-2-103"},"notice":"GroundRules: Original legal text. Not legal advice."}