2023 Tennessee Code 48-28-109 – Applicability of chapter as to business corporations that are not for-profit benefit corporations
Current as of: 2023 | Check for updates
|
Other versions
This chapter shall not affect a statute or other rule of law applicable to a domestic business corporation that is not a for-profit benefit corporation, except as provided in § 48-28-104. Specifically, no implication is made by, and no inference may be drawn from, the enactment of this chapter as to whether, in exercising their duties, the officers or directors of a domestic business corporation that is not a for-profit benefit corporation may consider the impact of the corporation’s transactions or other conduct on: