Tennessee § 35-16-105 - Powers and rights of transferor.
Full text of Tennessee Tennessee Code Annotated § 35-16-105 — Powers and rights of transferor., with citation guidance and answers to common questions.
§ 35-16-105. Powers and rights of transferor.
A transferor shall have only the powers and rights conferred by the investment services trust. The powers and rights conferred by the investment services trust upon the transferor are personal powers and rights that may not be exercised by a creditor or any other person, except as expressly permitted by the trust. Except as permitted by §§ 35-16-109 and 35-16-111 , the transferor shall have no rights or authority with respect to the corpus of the investment services trust or the income from the trust, and any agreement or understanding purporting to grant or permit the retention of any greater rights or authority shall be void. Acts 2007, ch. 144, § 5; 2010, ch. 725, § 17. Section Comment. A Transferor may only retain those rights set forth in T.C.A. Sections 35-16-109 and 35-16-111, and will only have such rights to the extent they are set forth in the Investment Services Trust. Any agreement or understanding that purports to give greater rights to the Transferor is void.
Source: official Tennessee text · Last verified 2026-08-27
Frequently Asked Questions About Tennessee § 35-16-105
What does Tennessee Code Annotated § 35-16-105 cover?
Section 35-16-105 ("Powers and rights of transferor.") 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 § 35-16-105?
A common citation format is "Tennessee Code Annotated § 35-16-105" (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 § 35-16-105 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.