{"data":{"id":"us-tn/tenn.-code-ann.-49-4-101","jurisdiction":"us-tn","citation":"Tenn. Code Ann. § 49-4-101","heading":"Part definitions","body":"As used in this part, unless the context otherwise requires:\n(1) \"Commissioner\" means the commissioner of commerce and insurance;\n(2) \"Corporation\" means a corporation or association not for profit authorized to administer a plan in the state;\n(3) \"Fiscal year\" means the period beginning January 1 and ending December 31 of each year;\n(4) \"Member\" means any person who is accepted as a member by the plan and who may later become eligible for a scholarship as provided in the charter and bylaws of the plan;\n(5) \"Plan\" means any educational cooperative plan or scholarship plan subject to this part;\n(6) \"Recipient of scholarship\" means any member who has been granted a scholarship by the plan;\n(7) \"Scholarship\" means educational benefits payable pursuant to a plan which shall not be deemed to be distribution of income to a member of a corporation; and\n(8) \"Trustee of member\" means the person or persons, including corporations, partnerships or other entities, that, on behalf of a minor, executes an application for membership in the plan.","path":["TN Code","Title 49","Chapter 4"],"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":"9baf4e57ac4b1444b538d3a06536b333a97f7d2d7b2a9999e82a2765bd89a789","source_id":"us-tn","stale":false,"prev":"us-tn/tenn.-code-ann.-49-4-1008","next":"us-tn/tenn.-code-ann.-49-4-102"},"notice":"GroundRules: Original legal text. Not legal advice."}
