# Tenn. Code Ann. § 35-7-107: Other transfer by fiduciary

> Tennessee · Statutes · In force

URL: https://www.frixlaw.com/law-library/statutes/STATE_TN_T35_C7_S35-7-107

## Section

- **Citation:** Tenn. Code Ann. § 35-7-107
- **Heading:** Other transfer by fiduciary
- **Jurisdiction:** Tennessee
- **Kind:** Statutes
- **Status:** In force
- **Text as of:** August 14, 2026
- **Source:** Compiled text
- **Location:** TN Code / Title 35 / Chapter 7 / Section 35-7-107

## Text

(a) Subject to subsection (c), a personal representative or trustee may make an irrevocable transfer to another adult or trust company as custodian for the benefit of a minor pursuant to § 35-7-110 , in the absence of a will or under a will or trust that does not contain an authorization to do so. (b) Subject to subsection (c), a guardian may make an irrevocable transfer to another adult or trust company as custodian for the benefit of the minor pursuant to § 35-7-110 . (c) A transfer under subsection (a) or (b) may be made only if: (1) The personal representative, trustee, or guardian considers the transfer to be in the best interest of the minor; (2) The transfer is not prohibited by or inconsistent with provisions of the applicable will, trust agreement, or other governing instrument; and (3) The transfer is authorized by the court if it exceeds twenty-five thousand dollars ($25,000) in value. Acts 1992, ch. 664, § 1; T.C.A. § 35-7-207.
(a) Subject to subsection (c), a personal representative or trustee may make an irrevocable transfer to another adult or trust company as custodian for the benefit of a minor pursuant to § 35-7-110 , in the absence of a will or under a will or trust that does not contain an authorization to do so.
(b) Subject to subsection (c), a guardian may make an irrevocable transfer to another adult or trust company as custodian for the benefit of the minor pursuant to § 35-7-110 .
(c) A transfer under subsection (a) or (b) may be made only if: (1) The personal representative, trustee, or guardian considers the transfer to be in the best interest of the minor; (2) The transfer is not prohibited by or inconsistent with provisions of the applicable will, trust agreement, or other governing instrument; and (3) The transfer is authorized by the court if it exceeds twenty-five thousand dollars ($25,000) in value.
(1) The personal representative, trustee, or guardian considers the transfer to be in the best interest of the minor;
(2) The transfer is not prohibited by or inconsistent with provisions of the applicable will, trust agreement, or other governing instrument; and
(3) The transfer is authorized by the court if it exceeds twenty-five thousand dollars ($25,000) in value.
Acts 1992, ch. 664, § 1; T.C.A. § 35-7-207.

## Nearby sections

- [Tenn. Code Ann. § 35-7-101 Short title](https://www.frixlaw.com/law-library/statutes/STATE_TN_T35_C7_S35-7-101.md)
- [Tenn. Code Ann. § 35-7-102 Chapter definitions](https://www.frixlaw.com/law-library/statutes/STATE_TN_T35_C7_S35-7-102.md)
- [Tenn. Code Ann. § 35-7-103 Scope and jurisdiction](https://www.frixlaw.com/law-library/statutes/STATE_TN_T35_C7_S35-7-103.md)
- [Tenn. Code Ann. § 35-7-104 Nomination of custodian](https://www.frixlaw.com/law-library/statutes/STATE_TN_T35_C7_S35-7-104.md)
- [Tenn. Code Ann. § 35-7-105 Transfer by gift or exercise of power of appointment](https://www.frixlaw.com/law-library/statutes/STATE_TN_T35_C7_S35-7-105.md)
- [Tenn. Code Ann. § 35-7-106 Transfer authorized by will or trust](https://www.frixlaw.com/law-library/statutes/STATE_TN_T35_C7_S35-7-106.md)
- [Tenn. Code Ann. § 35-7-107 Other transfer by fiduciary](https://www.frixlaw.com/law-library/statutes/STATE_TN_T35_C7_S35-7-107.md)
- [Tenn. Code Ann. § 35-7-108 Transfer by obligor](https://www.frixlaw.com/law-library/statutes/STATE_TN_T35_C7_S35-7-108.md)
- [Tenn. Code Ann. § 35-7-109 Receipt for custodial property](https://www.frixlaw.com/law-library/statutes/STATE_TN_T35_C7_S35-7-109.md)
- [Tenn. Code Ann. § 35-7-110 Manner of creating custodial property and effecting transfer - Designation of initial custodian - Control](https://www.frixlaw.com/law-library/statutes/STATE_TN_T35_C7_S35-7-110.md)
- [Tenn. Code Ann. § 35-7-111 Transfers - Single and joint custodians](https://www.frixlaw.com/law-library/statutes/STATE_TN_T35_C7_S35-7-111.md)
- [Tenn. Code Ann. § 35-7-112 Validity and effect of transfer](https://www.frixlaw.com/law-library/statutes/STATE_TN_T35_C7_S35-7-112.md)
- [Tenn. Code Ann. § 35-7-113 Care of custodial property](https://www.frixlaw.com/law-library/statutes/STATE_TN_T35_C7_S35-7-113.md)
- [Tenn. Code Ann. § 35-7-114 Powers of custodian](https://www.frixlaw.com/law-library/statutes/STATE_TN_T35_C7_S35-7-114.md)

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Source: Frix Law Library, https://www.frixlaw.com/law-library/statutes/STATE_TN_T35_C7_S35-7-107. Check the current official text before relying on it. Not legal advice.