Tennessee § 48-53-202 - Nonprofit fair asset protection.
Full text of Tennessee Tennessee Code Annotated § 48-53-202 — Nonprofit fair asset protection., with citation guidance and answers to common questions.
§ 48-53-202. Nonprofit fair asset protection.
Notwithstanding any provision of law to the contrary, it is unlawful for: A national nonprofit corporation that has received a charter under 36 U.S.C. Subt. II, Pt. B, to terminate, revoke, suspend, or fail to renew a license or charter affiliating a Tennessee nonprofit corporation with the national nonprofit corporation absent good cause; A national nonprofit corporation that has received a charter under 36 U.S.C. Subt. II, Pt. B, to discriminate against a licensed or chartered affiliated Tennessee nonprofit corporation by imposing requirements not imposed on other similarly situated affiliates of the national nonprofit corporation; or A national nonprofit corporation that has received a charter under 36 U.S.C. Subt. II, Pt. B, to act indirectly to accomplish what would be otherwise prohibited under this part. Acts 2018, ch. 769, § 1. Compiler's Notes. For the Preamble to the act concerning protecting assets of nonprofit corporations, see Acts 2018, ch. 769.
Source: official Tennessee text · Last verified 2026-08-27
Frequently Asked Questions About Tennessee § 48-53-202
What does Tennessee Code Annotated § 48-53-202 cover?
Section 48-53-202 ("Nonprofit fair asset protection.") 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 § 48-53-202?
A common citation format is "Tennessee Code Annotated § 48-53-202" (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 § 48-53-202 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.