Rules & Regulations of the State of Tennessee
Title 1360 - Department of State
Subtitle 1360-03 - Charitable Solicitations and Gaming Division
Chapter 1360-03-04 - Catastrophic Illness Trusts
Section 1360-03-04-.03 - ACCOUNTING OF THE TRUST
Universal Citation: TN Comp Rules and Regs 1360-03-04-.03
Current through September 24, 2024
(1) A trustee, other than a bank or trust company acting as trustee, shall file with the Division of Charitable Solicitations and Gaming an accounting of the trust on the yearly anniversary of the establishment of the trust.
(2) The financial accounting of the trust filed shall include all revenue and expenditures of the trust.
Authority: T.C.A. § 35-11-102(e); Chapter 430 § 6 of the Public Acts of 2007.
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