Tennessee § 29-35-102 - Corporate officers — Trustees.
Full text of Tennessee Tennessee Code Annotated § 29-35-102 — Corporate officers — Trustees., with citation guidance and answers to common questions.
§ 29-35-102. Corporate officers — Trustees.
The action also lies against the directors, managers, and officers of a corporation, or the trustees of funds given for a public or charitable purpose: To bring them to an account for the management and disposition of property entrusted to their care; To remove such officers or trustees on proof of misconduct; To prevent malversation, peculation, and waste; To set aside and restrain improper alienations of such property or funds, and to secure them for the benefit of those interested; and Generally to compel faithful performance of duty. Code 1858, § 3410 (deriv. Acts 1845-1846, ch. 55, § 8); Shan., § 5166; Code 1932, § 9337; T.C.A. (orig. ed.), § 23-2802. Textbooks. Gibson's Suits in Chancery (7th ed., Inman), § 506. Pritchard on Wills and Administration of Estates (4th ed., Phillips and Robinson), § 189. Tennessee Jurisprudence, 6 Tenn. Juris., Charities, §§ 16, 19, 22; 15 Tenn. Juris., Injunctions, § 16; 21 Tenn. Juris., Quo Warranto, §§ 2, 3; 24 Tenn. Juris., Trusts and Trustees, § 61. Law Reviews. Conversions of Nonprofit Hospitals to For-Profit Status: The Tennessee Experience (Shannon McGhee Hernandez), 28 U. Mem. L. Rev. 1077 (1998). Survey of Tennessee Property Law, V. Trusts (Beverly A. Rowlett), 48 Tenn. L. Rev. 95 (1980). Cited: Munsey v. Russell Bros., 31 Tenn. App. 187, 213 S.W.2d 286, 1948 Tenn. App. LEXIS 82 (Tenn. Ct. App. 1948); State ex rel. Jones v. Burnett, 760 S.W.2d 629, 1988 Tenn. LEXIS 206 (Tenn. 1988).
Source: official Tennessee text · Last verified 2026-08-27
Frequently Asked Questions About Tennessee § 29-35-102
What does Tennessee Code Annotated § 29-35-102 cover?
Section 29-35-102 ("Corporate officers — Trustees.") is part of the Tennessee Code Annotated, the codified statutory law of Tennessee. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Tennessee § 29-35-102?
A common citation format is "Tennessee Code Annotated § 29-35-102" (Tennessee). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Tennessee law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Tennessee official source linked on this page or consult a licensed Tennessee attorney.
How does Tennessee § 29-35-102 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Tennessee can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Tennessee.