{"data":{"id":"us-tn/tenn.-code-ann.-48-28-109","jurisdiction":"us-tn","citation":"Tenn. Code Ann. § 48-28-109","heading":"Applicability of chapter as to business corporations that are not for-profit benefit corporations","body":"This chapter shall not affect a statute or other rule of law applicable to a domestic business corporation that is not a for-profit benefit corporation, except as provided in § 48-28-104 . Specifically, no implication is made by, and no inference may be drawn from, the enactment of this chapter as to whether, in exercising their duties, the officers or directors of a domestic business corporation that is not a for-profit benefit corporation may consider the impact of the corporation's transactions or other conduct on:\n(1) The interests of those materially affected by the corporation's conduct, including the pecuniary interests of shareholders; or\n(2) Any public benefit or public benefits identified in its charter.","path":["TN Code","Title 48","Chapter 28"],"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":"0c1bf40708a4821111b63a8bacc20ba770119043f19bf215a6042bc2bb8806ac","source_id":"us-tn","stale":false,"prev":"us-tn/tenn.-code-ann.-48-28-108","next":"us-tn/tenn.-code-ann.-48-51-101"},"notice":"GroundRules: Original legal text. Not legal advice."}