Tennessee § 35-11-112 - Exemptions.
Full text of Tennessee Tennessee Code Annotated § 35-11-112 — Exemptions., with citation guidance and answers to common questions.
§ 35-11-112. Exemptions.
This chapter shall not apply to any nonprofit corporation that is: Incorporated under the laws of Tennessee; Exempt from federal income taxation under 26 U.S.C. § 501(c)(3); and Requested by a patient or a patient's family to raise funds for an organ transplant for a specific individual. Any funds remaining in a particular account shall revert to the general fund of the corporation to be used to assist other similarly situated persons. This chapter shall not apply to any nonprofit corporation that: Is incorporated under the laws of Tennessee and is exempt from federal income taxation under 26 U.S.C. § 501(c)(3); and Solicits and accepts contributions of funds for the purpose of providing minors suffering from a catastrophic illness with nonmedical gifts or benefits to fulfill a desire or wish of the minor. A portion of such funds may be used to provide appropriate adult supervision if required by the gift. Any such funds raised for a particular minor and unexpended shall revert to the general fund of the corporation to be used to provide gifts or benefits for a similar minor. Acts 1989, ch. 386, §§ 5, 6.
Frequently Asked Questions About Tennessee § 35-11-112
What does Tennessee Code Annotated § 35-11-112 cover?
Section 35-11-112 ("Exemptions.") 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 § 35-11-112?
A common citation format is "Tennessee Code Annotated § 35-11-112" (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 § 35-11-112 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.