Number of Shareholders

1. Law
2. Tennessee Code
3. Securities, Corporations and Associations
4. General Provisions
5. Definitions and Notice
6. Number of Shareholders

1. For purposes of chapters 11-27 of this title, the following identified as a shareholder in a corporation's current record of shareholders constitutes one (1) shareholder:
   1. Three (3) or fewer co-owners;
   2. A corporation, partnership, trust, estate, or other entity; and
   3. The trustees, guardians, custodians, or other fiduciaries of a single trust, estate, or account.
2. For purposes of chapters 11-27 of this title, shareholdings registered in substantially similar names constitute one (1) shareholder if it is reasonable to believe that the names represent the same person.

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