Tennessee § 67-4-208 - Liability of transferees and fiduciaries.
Full text of Tennessee Tennessee Code Annotated § 67-4-208 — Liability of transferees and fiduciaries., with citation guidance and answers to common questions.
§ 67-4-208. Liability of transferees and fiduciaries.
Any successor by purchase, or otherwise, of any business subject to tax shall be liable for and shall pay the tax imposed against such business before such successor can obtain a license to do any of the acts declared to be taxable by statute. Any person acting as agent, trustee, guardian, administrator, executor, assignee or receiver doing any of the acts declared to be a privilege is subject to the tax imposed on that privilege. Acts 1937, ch. 108, art. 3, § 3; 1941, ch. 51, § 23; C. Supp. 1950, § 1248.6 (Williams, § 1248.139); T.C.A. (orig. ed.), § 67-4012.
Source: official Tennessee text · Last verified 2026-08-27
Frequently Asked Questions About Tennessee § 67-4-208
What does Tennessee Code Annotated § 67-4-208 cover?
Section 67-4-208 ("Liability of transferees and fiduciaries.") 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 § 67-4-208?
A common citation format is "Tennessee Code Annotated § 67-4-208" (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 § 67-4-208 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.