Tennessee § 35-16-103 - Qualified affidavit requirements.
Full text of Tennessee Tennessee Code Annotated § 35-16-103 — Qualified affidavit requirements., with citation guidance and answers to common questions.
§ 35-16-103. Qualified affidavit requirements.
A qualified affidavit shall state that: The transferor has full right, title, and authority to transfer the assets to the trust; The transfer of the assets to the trust will not render the transferor insolvent; The transferor does not intend to defraud a creditor by transferring the assets to the trust; The transferor does not have any pending or threatened court actions against the transferor, except for those court actions identified by the transferor on an attachment to the affidavit; The transferor is not involved in any administrative proceedings, except for those administrative proceedings identified on an attachment to the affidavit; The transferor does not contemplate filing for relief under the federal bankruptcy code; and The assets being transferred to the trust were not derived from unlawful activities. Acts 2007, ch. 144, § 3.
Source: official Tennessee text · Last verified 2026-08-27
Frequently Asked Questions About Tennessee § 35-16-103
What does Tennessee Code Annotated § 35-16-103 cover?
Section 35-16-103 ("Qualified affidavit requirements.") 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 § 35-16-103?
A common citation format is "Tennessee Code Annotated § 35-16-103" (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 § 35-16-103 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.