{"data":{"id":"us-tn/tenn.-code-ann.-48-11-203","jurisdiction":"us-tn","citation":"Tenn. Code Ann. § 48-11-203","heading":"Number of shareholders","body":"(a) For purposes of chapters 11-27 of this title, the following identified as a shareholder in a corporation's current record of shareholders constitutes one (1) shareholder: (1) Three (3) or fewer co-owners; (2) A corporation, partnership, trust, estate, or other entity; and (3) The trustees, guardians, custodians, or other fiduciaries of a single trust, estate, or account. (b) For purposes of chapters 11-27 of this title, shareholdings registered in substantially similar names constitute one (1) shareholder if it is reasonable to believe that the names represent the same person. Acts 1986, ch. 887, § 1.22.\n(a) For purposes of chapters 11-27 of this title, the following identified as a shareholder in a corporation's current record of shareholders constitutes one (1) shareholder: (1) Three (3) or fewer co-owners; (2) A corporation, partnership, trust, estate, or other entity; and (3) The trustees, guardians, custodians, or other fiduciaries of a single trust, estate, or account.\n(1) Three (3) or fewer co-owners;\n(2) A corporation, partnership, trust, estate, or other entity; and\n(3) The trustees, guardians, custodians, or other fiduciaries of a single trust, estate, or account.\n(b) For purposes of chapters 11-27 of this title, shareholdings registered in substantially similar names constitute one (1) shareholder if it is reasonable to believe that the names represent the same person.","path":["TN Code","Title 48","Chapter 11"],"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":"77dc79742173c131420aae992b6a4d59ac893cf796a26b5fe4e59829cfa62a4a","source_id":"us-tn","stale":false,"prev":"us-tn/tenn.-code-ann.-48-11-202","next":"us-tn/tenn.-code-ann.-48-11-301"},"notice":"GroundRules: Original legal text. Not legal advice."}