Tennessee § 47-10-201 - Part definitions.
Full text of Tennessee Tennessee Code Annotated § 47-10-201 — Part definitions., with citation guidance and answers to common questions.
§ 47-10-201. Part definitions.
As used in this part: “Distributed ledger technology” means any distributed ledger protocol and supporting infrastructure, including blockchain, that uses a distributed, decentralized, shared, and replicated ledger, whether it be public or private, permissioned or permissionless, and which may include the use of electronic currencies or electronic tokens as a medium of electronic exchange; and “Smart contract” means an event-driven computer program, that executes on an electronic, distributed, decentralized, shared, and replicated ledger that is used to automate transactions, including, but not limited to, transactions that: Take custody over and instruct transfer of assets on that ledger; Create and distribute electronic assets; Synchronize information; or Manage identity and user access to software applications. Acts 2018, ch. 591, § 1. Effective Dates. Acts 2018, ch. 591, § 2. March 22, 2018.
Frequently Asked Questions About Tennessee § 47-10-201
What does Tennessee Code Annotated § 47-10-201 cover?
Section 47-10-201 ("Part definitions.") 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 § 47-10-201?
A common citation format is "Tennessee Code Annotated § 47-10-201" (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 § 47-10-201 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.