Tennessee Code Annotated

Tenn. Code Ann. § 66-3-313 (2026)

Official comments

✓ current as of May 2026

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In any dispute as to the proper construction of one or more sections of this part, the official comments pertaining to the corresponding sections of the Uniform Fraudulent Transfers Act, official text, as adopted by the Uniform Law Commission and as in effect on July 1, 2003, shall constitute evidence of the purposes and policies underlying such sections, unless:

(1) The sections of this part that are applicable to the dispute differ materially from the sections of the official text that would be applicable thereto; or

(2) The official comments are inconsistent with the plain meaning of the applicable sections of this part.

Amended by 2024 Tenn. Acts, ch. 494,s 12, eff. 2/21/2024.

Acts 2003 , ch. 42, § 1.

Notes of Decisions

Cited in 2 cases (1 in the last 5 years), 1982–2022 · leading case: Joe Powell & Assocs., Inc. v. Int'l Tel. & Tel. Corp., 22 B.R. 588 (Bankr. E.D. Tenn. 1982).

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Joe Powell & Assocs., Inc. v. Int'l Tel. & Tel. Corp., 22 B.R. 588 (Bankr. E.D. Tenn. 1982). · cites it 2× “Plaintiffs also contend that they were injured and prejudiced by the fact that ETC was “unable to fulfill the contractual obligations and unable to pay the debts incurred by ITT as a result of ITT’s ownership and management” of ITT-Nesbitt.”

Martin Holmes v. David Karkau (2022). “§ 66-3-301 to T.C.A. § 66-3-313. 64. The Act prohibits transfers based on actual fraud, as codified at T.”

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