Terms Used In Tennessee Code 48-17-210

  • Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
  • written: means any information in the form of a document. See Tennessee Code 48-11-201

A corporation may treat any of its shareholders as sui juris until written notice to the contrary is received by the corporation.