As used in this chapter:(1) 'Community property' means property owned by a community property trust during the marriage of the settlor spouses;(2) 'Community property trust' means an express trust that complies with § 35-17-103;(3) 'Decree' means a judgment or other order of a court;(4) 'Dissolution' means either:(A) Termination of a marriage by a decree of dissolution, divorce, annulment or declaration of invalidity; or(B) Entry of a decree of legal separation maintenance;(5) 'During marriage' means a period that begins at marriage and ends at dissolution or immediately after the death of a spouse;(6) 'Qualified trustee' means either:(A) A natural person who is a resident of this state; or(B) A company authorized to act as a fiduciary in this state pursuant to § 45-2-1001; and(7) 'Settlor spouses' means a married couple that establishes a community property trust.Amended by 2023 Tenn. Acts, ch. 166, s 12, eff. 4/17/2023. Acts 2010 , ch. 658, § 1.
Tennessee Legal Code