Business Law

Business Law 2019: Overview of Tennessee LLC Acts


This course features an overview of the Tennessee Limited Liability Act (the Prior Act) and the Tennessee Revised Limited Liability Act (the Revised Act), including an important reminder that the Prior Act is alive and well, remains effective, and continues to govern LLCs formed prior to January 1, 2006 that have not elected to be governed by the Revised Act.  Specifically, the presentation addresses significant distinctions between the Prior Act and the Revised Act, including those with respect to: management paradigms; agency authority of members, managers, governors, directors, and officers; termination of membership interests; dissolution; and private ordering of affairs under LLC documents. 



SAVE MONEY: Use the prepaid CLE credits that come with your TBA Complete Membership and take this course for free. Not a TBA member, join now to start saving.

The information presented clarified multiple questionable situations that have risen in the past and required extensive research.

Great Presentation!

Very helpful overview

Good discussion of prior vs. revised.

Very helpful overview of the two acts.


Course Pricing
  • Member: 45.00
  • Non-Member: 75.00
  • Section: 35.00
TBA members who are judges, lawmakers and law students can take TBA CLE onsite courses at no charge for the programming. There may be a separate charge if meals, special materials or other premium features are involved.
Course InformationHighlights
  • Flexible to your schedule
  • Viewable on desktop or mobile devices
  • Discount for section members
Course Credits Dual Credits: 0.00
General Credits: 1.00
Total Credits: 1

This program will be filed for Tennessee CLE credit. Please email a request to for Georgia and Mississippi CLE credit.