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Section 35-16-107 - Spendthrift provisions — Tennessee Law | CourtGPT
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  4. Title 35 - Fiduciaries and Trust Estates (§§ 35-1-101 — 35-50-125)/
  5. Chapter 16 - Tennessee Investment Services Act of 2007/
  6. Section 35-16-107 - Spendthrift provisions
Tennessee Legal Code

Section 35-16-107 - Spendthrift provisions

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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. Acts 2007, ch. 144, § 7.