Requirements of domestic and foreign LLCs.
Tenn. Code Ann. § 48-101-805
in effect48-101-805. Requirements of domestic and foreign LLCs.
A domestic or foreign nonprofit LLC under this part must:
(1) Be disregarded as an entity for federal income tax purposes; and
(2) Have as its sole member a nonprofit corporation, whether foreign or domestic, that is incorporated under or subject to chapters 51-68 of this title and that is exempt from franchise and excise tax as not-for-profit as defined in § 67-4-2004.
Acts 2006, ch. 620, § 6.
Source: Tennessee Code (state release 76 via Public.Resource.Org) + public chapters (Tennessee Secretary of State)URL: https://archive.org/download/gov.tn.tca/release76.2021.05.21/gov.tn.tca.title.48.htmlFetched: 10/24/2026
