Will an individual investment manager’s residence in Tennessee for at least five years satisfy the requirement that the TNInvestco have its principal office in Tennessee?
The state realizes that the majority of these entities will be newly formed; we will look at the primary place of business of the individuals managing the investment decisions to make this determination. In the alternative, if the manager is a non-Tennessee resident, we will look to see whether he has five years of experience managing investments in Tennessee companies.
