Tennessee § 47-13-110 - Compensation of trustees.
Full text of Tennessee Tennessee Code Annotated § 47-13-110 — Compensation of trustees., with citation guidance and answers to common questions.
§ 47-13-110. Compensation of trustees.
The court having the jurisdiction of the monthly county court, upon application, or the chancery court, if the trust is administered in the chancery court, may allow a trustee or assignee compensation exceeding the compensation of clerks and masters, if the character of the services rendered entitle the trustee or assignee to such compensation in the opinion of such court, but such compensation in no case shall exceed five percent (5%). Acts 1859-1860, ch. 34, § 1; Shan., § 3525; Code 1932, § 7782; T.C.A. (orig. ed.), § 47-1510; modified. Textbooks. Tennessee Jurisprudence, 3 Tenn. Juris., Assignments for the Benefit of Creditors, § 29; 24 Tenn. Juris., Trusts and Trustees, § 46.
Source: official Tennessee text · Last verified 2026-08-27
Frequently Asked Questions About Tennessee § 47-13-110
What does Tennessee Code Annotated § 47-13-110 cover?
Section 47-13-110 ("Compensation of trustees.") 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 § 47-13-110?
A common citation format is "Tennessee Code Annotated § 47-13-110" (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 § 47-13-110 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.