{"data":{"id":"us-tn/tenn.-code-ann.-35-7-107","jurisdiction":"us-tn","citation":"Tenn. Code Ann. § 35-7-107","heading":"Other transfer by fiduciary","body":"(a) Subject to subsection (c), a personal representative or trustee may make an irrevocable transfer to another adult or trust company as custodian for the benefit of a minor pursuant to § 35-7-110 , in the absence of a will or under a will or trust that does not contain an authorization to do so. (b) Subject to subsection (c), a guardian may make an irrevocable transfer to another adult or trust company as custodian for the benefit of the minor pursuant to § 35-7-110 . (c) A transfer under subsection (a) or (b) may be made only if: (1) The personal representative, trustee, or guardian considers the transfer to be in the best interest of the minor; (2) The transfer is not prohibited by or inconsistent with provisions of the applicable will, trust agreement, or other governing instrument; and (3) The transfer is authorized by the court if it exceeds twenty-five thousand dollars ($25,000) in value. Acts 1992, ch. 664, § 1; T.C.A. § 35-7-207.\n(a) Subject to subsection (c), a personal representative or trustee may make an irrevocable transfer to another adult or trust company as custodian for the benefit of a minor pursuant to § 35-7-110 , in the absence of a will or under a will or trust that does not contain an authorization to do so.\n(b) Subject to subsection (c), a guardian may make an irrevocable transfer to another adult or trust company as custodian for the benefit of the minor pursuant to § 35-7-110 .\n(c) A transfer under subsection (a) or (b) may be made only if: (1) The personal representative, trustee, or guardian considers the transfer to be in the best interest of the minor; (2) The transfer is not prohibited by or inconsistent with provisions of the applicable will, trust agreement, or other governing instrument; and (3) The transfer is authorized by the court if it exceeds twenty-five thousand dollars ($25,000) in value.\n(1) The personal representative, trustee, or guardian considers the transfer to be in the best interest of the minor;\n(2) The transfer is not prohibited by or inconsistent with provisions of the applicable will, trust agreement, or other governing instrument; and\n(3) The transfer is authorized by the court if it exceeds twenty-five thousand dollars ($25,000) in value.","path":["TN Code","Title 35","Chapter 7"],"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":"6e106c8070605186f10f1109f42ecbf29a154fd89720b8a0110a23974e6a362e","source_id":"us-tn","stale":false,"prev":"us-tn/tenn.-code-ann.-35-7-106","next":"us-tn/tenn.-code-ann.-35-7-108"},"notice":"GroundRules: Original legal text. Not legal advice."}