48-61-107 - Bequests, devises and gifts. - Tennessee Statutes

48-61-107. Bequests, devises and gifts.

Any bequest, devise, gift, grant, or promise contained in a will or other instrument of donation, subscription, or conveyance, which is made to a corporation that is a party to a merger and which takes effect or remains payable after the merger, inures to the surviving corporation unless the will or other instrument otherwise specifically provides.

[Acts 1987, ch. 242, § 11.07.]