§ 43-16-115 — Regular and special meetings - Notice - Provisions as to notice

In its bylaws, each association shall provide for one (1) or more regular meetings annually. The board of directors shall have the right to call a special meeting at any time; and ten percent (10%) of the members or stockholders may file a petition stating the specific business to be brought before the association and demand a special meeting at any time. A meeting must thereupon be called by the directors. Notice of all meetings, together with a statement of the purposes thereof, shall be mailed to each member at least ten (10) days prior to the meeting; provided, that the bylaws may require instead that notice may be given by publication in a newspaper of general circulation, published at the principal place of business of the association.

Legislative History

Acts 1923, ch. 100, § 11; Shan. Supp., § 2534a39; Code 1932, §3797; T.C.A. (orig. ed.), § 43-1815.