Tennessee Statutes
§ 43-16-127 — Preferred stock - Redemption or retirement
Tennessee § 43-16-127
JurisdictionTennessee
Title43
This text of Tennessee § 43-16-127 (Preferred stock - Redemption or retirement) is published on Counsel Stack Legal Research, covering Tennessee primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Bluebook
Tenn. Code Ann. § 43-16-127 (2026).
Text
Any association organized with stock under this chapter may issue preferred stock, with or without the right to vote. Preferred stock may be sold to any person, member or nonmember, and may be redeemable or retireable by the association on such terms and conditions as may be provided for by the articles of incorporation and printed on the face of the certificate.
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Legislative History
Acts 1923, ch. 100, § 15; Shan. Supp., § 2534a52; Code 1932, §3810; T.C.A. (orig. ed.), § 43-1828.
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Terms of membersCite This Page — Counsel Stack
Bluebook (online)
Tennessee § 43-16-127, Counsel Stack Legal Research, https://law.counselstack.com/statute/tn/43-16-127.