Tennessee § 35-50-105 - Fiduciaries may effect liability and accident insurance on property.
Full text of Tennessee Tennessee Code Annotated § 35-50-105 — Fiduciaries may effect liability and accident insurance on property., with citation guidance and answers to common questions.
§ 35-50-105. Fiduciaries may effect liability and accident insurance on property.
All guardians, executors, administrators and trustees are authorized to effect liability and accident insurance, in such amount as may be reasonable and proper, on any or all real or personal property under their management and control. Premiums paid on insurance effected according to subsection (a) shall be a proper charge against the estate under management or control, and shall be allowed as a credit on settlements made. Acts 1925, ch. 24, §§ 1, 2; Shan. Supp., §§ 3349a3, 3349a4; Code 1932, §§ 6215, 6216; T.C.A. (orig. ed.) §§ 35-607, 35-608. Textbooks. Pritchard on Wills and Administration of Estates (5th ed., Phillips and Robinson), § 738.
Source: official Tennessee text · Last verified 2026-08-27
Frequently Asked Questions About Tennessee § 35-50-105
What does Tennessee Code Annotated § 35-50-105 cover?
Section 35-50-105 ("Fiduciaries may effect liability and accident insurance on property.") 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 § 35-50-105?
A common citation format is "Tennessee Code Annotated § 35-50-105" (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 § 35-50-105 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.