{"data":{"id":"us-tn/tenn.-code-ann.-48-250-105","jurisdiction":"us-tn","citation":"Tenn. Code Ann. § 48-250-105","heading":"Articles of organization","body":"(a) The articles of organization of a decentralized organization must: (1) Include a statement that the organization is a decentralized organization, pursuant to § 48-250-103 ; (2) Set forth the matters required by this chapter; and (3) Include a publicly available identifier of a smart contract directly used to manage, facilitate, or operate the decentralized organization. (b) Except as otherwise provided in this chapter, the articles of organization and the smart contracts for a decentralized organization govern the following: (1) Relations among the members and between the members and the decentralized organization; (2) Rights and duties under this chapter of a person in that person's capacity as a member; (3) Activities of the decentralized organization and the conduct of those activities; (4) Means and conditions for amending the operating agreement; (5) Rights and voting rights of members; (6) Transferability of membership interests; (7) Withdrawal of membership; (8) Distributions to members prior to dissolution; (9) Amendment of the articles of organization; (10) Procedures for amending applicable smart contracts; and (11) All other aspects of the decentralized organization. Added by 2022 Tenn. Acts, ch. 852, s 1, eff. 4/20/2022.\n(a) The articles of organization of a decentralized organization must: (1) Include a statement that the organization is a decentralized organization, pursuant to § 48-250-103 ; (2) Set forth the matters required by this chapter; and (3) Include a publicly available identifier of a smart contract directly used to manage, facilitate, or operate the decentralized organization.\n(1) Include a statement that the organization is a decentralized organization, pursuant to § 48-250-103 ;\n(2) Set forth the matters required by this chapter; and\n(3) Include a publicly available identifier of a smart contract directly used to manage, facilitate, or operate the decentralized organization.\n(b) Except as otherwise provided in this chapter, the articles of organization and the smart contracts for a decentralized organization govern the following: (1) Relations among the members and between the members and the decentralized organization; (2) Rights and duties under this chapter of a person in that person's capacity as a member; (3) Activities of the decentralized organization and the conduct of those activities; (4) Means and conditions for amending the operating agreement; (5) Rights and voting rights of members; (6) Transferability of membership interests; (7) Withdrawal of membership; (8) Distributions to members prior to dissolution; (9) Amendment of the articles of organization; (10) Procedures for amending applicable smart contracts; and (11) All other aspects of the decentralized organization.\n(1) Relations among the members and between the members and the decentralized organization;\n(2) Rights and duties under this chapter of a person in that person's capacity as a member;\n(3) Activities of the decentralized organization and the conduct of those activities;\n(4) Means and conditions for amending the operating agreement;\n(5) Rights and voting rights of members;\n(6) Transferability of membership interests;\n(7) Withdrawal of membership;\n(8) Distributions to members prior to dissolution;\n(9) Amendment of the articles of organization;\n(10) Procedures for amending applicable smart contracts; and\n(11) All other aspects of the decentralized organization.","path":["TN Code","Title 48","Chapter 250"],"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":"4955436bd63753bbfc0d94035de8bcb70da4e79a9f9fcc738f1ccdfcf7ff0362","source_id":"us-tn","stale":false,"prev":"us-tn/tenn.-code-ann.-48-250-104","next":"us-tn/tenn.-code-ann.-48-250-106"},"notice":"GroundRules: Original legal text. Not legal advice."}
