{"data":{"id":"us-tn/tenn.-code-ann.-48-101-805","jurisdiction":"us-tn","citation":"Tenn. Code Ann. § 48-101-805","heading":"Requirements of domestic and foreign LLCs","body":"A domestic or foreign nonprofit LLC under this part must:\n(1) Be disregarded as an entity for federal income tax purposes; and\n(2) Have as its sole member a nonprofit corporation, whether foreign or domestic, that is incorporated under or subject to chapters 51-68 of this title and that is exempt from franchise and excise tax as not-for-profit as defined in § 67-4-2004 .","path":["TN Code","Title 48","Chapter 101"],"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":"45220481bdbcd165a228793d2206f9199637201ce91753b1e4113e4118f6502a","source_id":"us-tn","stale":false,"prev":"us-tn/tenn.-code-ann.-48-101-804","next":"us-tn/tenn.-code-ann.-48-101-806"},"notice":"GroundRules: Original legal text. Not legal advice."}