Tennessee § 49-4-102 - Plans subject to law.
Full text of Tennessee Tennessee Code Annotated § 49-4-102 — Plans subject to law., with citation guidance and answers to common questions.
§ 49-4-102. Plans subject to law.
Any educational cooperative plan or scholarship plan shall be deemed a plan subject to this part if the principal features of the plan consist of: Participation by a specific person based on contributions made on behalf of that person; and Qualification for participation in whole or in part based upon amount and duration of the contribution. Any person, firm, corporation or corporation for profit may advertise or solicit funds for the plans if employed by the corporation not for profit; provided, that the person, firm, corporation or corporation for profit complies fully with the provisions set out in this part. Acts 1968, ch. 589, § 2; T.C.A., § 49-4502.
Source: official Tennessee text · Last verified 2026-08-27
Frequently Asked Questions About Tennessee § 49-4-102
What does Tennessee Code Annotated § 49-4-102 cover?
Section 49-4-102 ("Plans subject to law.") 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 § 49-4-102?
A common citation format is "Tennessee Code Annotated § 49-4-102" (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 § 49-4-102 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.