# Tenn. Code Ann. § 66-29-107: Presumption of abandonment of other tax-deferred accounts

> Tennessee · Statutes · In force

URL: https://www.frixlaw.com/law-library/statutes/STATE_TN_T66_C29_S66-29-107

## Section

- **Citation:** Tenn. Code Ann. § 66-29-107
- **Heading:** Presumption of abandonment of other tax-deferred accounts
- **Jurisdiction:** Tennessee
- **Kind:** Statutes
- **Status:** In force
- **Text as of:** August 14, 2026
- **Source:** Compiled text
- **Location:** TN Code / Title 66 / Chapter 29 / Section 66-29-107

## Text

Except as otherwise provided in § 66-29-113 , and except for property described in § 66-29-106 , property held in a governmental plan, as that term is defined in 26 U.S.C. § 414 , and property held in a program described in Section 529A of the Internal Revenue Code ( 26 U.S.C. § 529A ), property held in an account or plan, including a health savings account, that qualifies for tax deferral under the income tax laws of the United States is presumed abandoned if it is unclaimed by the owner three (3) years after the earlier of: (1) The date, if determinable by the holder, specified in the income tax laws and regulations of the United States by which distribution of the property must begin to avoid a tax penalty, with no distribution having been made; or (2) Thirty (30) years after the date the account was opened. Amended by 2017 Tenn. Acts, ch. 457, s 1, eff. 7/1/2017. Acts 1978, ch. 561, § 6; T.C.A., §§ 64-2906, 66-29-106; Acts 1984, ch. 544, § 3; 1986, ch. 539, § 14; 1996, ch. 642, § 1; 2006, ch. 611, § 1.
Except as otherwise provided in § 66-29-113 , and except for property described in § 66-29-106 , property held in a governmental plan, as that term is defined in 26 U.S.C. § 414 , and property held in a program described in Section 529A of the Internal Revenue Code ( 26 U.S.C. § 529A ), property held in an account or plan, including a health savings account, that qualifies for tax deferral under the income tax laws of the United States is presumed abandoned if it is unclaimed by the owner three (3) years after the earlier of:
(1) The date, if determinable by the holder, specified in the income tax laws and regulations of the United States by which distribution of the property must begin to avoid a tax penalty, with no distribution having been made; or
(2) Thirty (30) years after the date the account was opened.
Amended by 2017 Tenn. Acts, ch. 457, s 1, eff. 7/1/2017.
Acts 1978, ch. 561, § 6; T.C.A., §§ 64-2906, 66-29-106; Acts 1984, ch. 544, § 3; 1986, ch. 539, § 14; 1996, ch. 642, § 1; 2006, ch. 611, § 1.

## Nearby sections

- [Tenn. Code Ann. § 66-29-101 Short title](https://www.frixlaw.com/law-library/statutes/STATE_TN_T66_C29_S66-29-101.md)
- [Tenn. Code Ann. § 66-29-102 Part definitions](https://www.frixlaw.com/law-library/statutes/STATE_TN_T66_C29_S66-29-102.md)
- [Tenn. Code Ann. § 66-29-103 Inapplicability to foreign transactions](https://www.frixlaw.com/law-library/statutes/STATE_TN_T66_C29_S66-29-103.md)
- [Tenn. Code Ann. § 66-29-104 Promulgation of rules](https://www.frixlaw.com/law-library/statutes/STATE_TN_T66_C29_S66-29-104.md)
- [Tenn. Code Ann. § 66-29-105 Presumption of abandonment of various types of property](https://www.frixlaw.com/law-library/statutes/STATE_TN_T66_C29_S66-29-105.md)
- [Tenn. Code Ann. § 66-29-106 Presumption of abandonment of tax-deferred retirement account](https://www.frixlaw.com/law-library/statutes/STATE_TN_T66_C29_S66-29-106.md)
- [Tenn. Code Ann. § 66-29-107 Presumption of abandonment of other tax-deferred accounts](https://www.frixlaw.com/law-library/statutes/STATE_TN_T66_C29_S66-29-107.md)
- [Tenn. Code Ann. § 66-29-108 Presumption of abandonment of custodial account for minor](https://www.frixlaw.com/law-library/statutes/STATE_TN_T66_C29_S66-29-108.md)
- [Tenn. Code Ann. § 66-29-109 Presumption of abandonment of contents of safe deposit boxes](https://www.frixlaw.com/law-library/statutes/STATE_TN_T66_C29_S66-29-109.md)
- [Tenn. Code Ann. § 66-29-110 Presumption of abandonment of stored-value card](https://www.frixlaw.com/law-library/statutes/STATE_TN_T66_C29_S66-29-110.md)
- [Tenn. Code Ann. § 66-29-111 Presumption of abandonment of security](https://www.frixlaw.com/law-library/statutes/STATE_TN_T66_C29_S66-29-111.md)
- [Tenn. Code Ann. § 66-29-112 Presumption of abandonment of related property](https://www.frixlaw.com/law-library/statutes/STATE_TN_T66_C29_S66-29-112.md)
- [Tenn. Code Ann. § 66-29-113 Indication of apparent owner's interest in property](https://www.frixlaw.com/law-library/statutes/STATE_TN_T66_C29_S66-29-113.md)
- [Tenn. Code Ann. § 66-29-114 Knowledge of death of insured or annuitant](https://www.frixlaw.com/law-library/statutes/STATE_TN_T66_C29_S66-29-114.md)

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Source: Frix Law Library, https://www.frixlaw.com/law-library/statutes/STATE_TN_T66_C29_S66-29-107. Check the current official text before relying on it. Not legal advice.