Tenn. Code § 35-16-107

Current through Acts 2023-2024, ch. 1069
Section 35-16-107 - Spendthrift provisions

A spendthrift provision as described in § 35-16-102(7)(C) shall be deemed to be a restriction on the transfer of the transferor's beneficial interest in the trust that is enforceable under applicable nonbankruptcy law within the meaning of § 541(c)(2) of the Bankruptcy Code ( 11 U.S.C. § 541(c)(2) ), or any successor provision.

T.C.A. § 35-16-107

Acts 2007, ch. 144, § 7.