Tennessee § 65-29-102 - Purpose of cooperatives — Nonprofit corporations.
Full text of Tennessee Tennessee Code Annotated § 65-29-102 — Purpose of cooperatives — Nonprofit corporations., with citation guidance and answers to common questions.
§ 65-29-102. Purpose of cooperatives — Nonprofit corporations.
Cooperative, nonprofit, membership corporations may be organized under this chapter for the purpose of furnishing telephone service in rural areas to the widest practical number of users of such service; provided, that there shall be no duplication of service where reasonably adequate telephone service is available. Corporations organized under this chapter and corporations which become subject to this chapter in the manner provided in this chapter are referred to in this chapter as “cooperatives,” and shall be deemed to be not-for-profit corporations. Acts 1961, ch. 330, § 2; T.C.A., § 65-2902. Attorney General Opinions. Merger of telephone cooperative and for-profit Tennessee corporation, OAG 99-070, 1999 Tenn. AG LEXIS 70 (3/22/99). After Public Chapter 490 becomes effective, the Comptroller of the Treasury will continue to be responsible for reappraising the properties of modern market telecommunications providers. The reappraisal schedule for the telecommunications providers’ properties will remain the same. Their localized and nonoperating real property will be updated in each county during that county’s reappraisal year. Their operating properties will be assessed and updated annually. AG LEXIS 34 (7/26/2017).
Source: official Tennessee text · Last verified 2026-08-27
Frequently Asked Questions About Tennessee § 65-29-102
What does Tennessee Code Annotated § 65-29-102 cover?
Section 65-29-102 ("Purpose of cooperatives — Nonprofit corporations.") 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 § 65-29-102?
A common citation format is "Tennessee Code Annotated § 65-29-102" (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 § 65-29-102 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.