Tennessee Statutes
§ 45-11-109 — Fees, commissions or other forms of consideration prohibited
Tennessee § 45-11-109
JurisdictionTennessee
Title45
This text of Tennessee § 45-11-109 (Fees, commissions or other forms of consideration prohibited) 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. § 45-11-109 (2026).
Text
A director, officer, committee member, agent or senior management employee of a credit union, and immediate family members of such individuals shall not, directly or indirectly, receive a fee, commission, or other consideration, other than that person's usual salary or compensation for aiding, promoting, or assisting in a conversion under this chapter.
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Legislative History
Acts 2008, ch. 968, § 7.
Nearby Sections
15
§ 45-1-101
Short title§ 45-1-103
General definitions§ 45-1-104
Department to execute laws§ 45-1-106
Salary of commissioner§ 45-1-107
Powers and duties of commissioner§ 45-1-109
Oaths of office§ 45-1-111
Limitation of personal liability§ 45-1-112
Official seal§ 45-1-113
Office facilities§ 45-1-116
Examiners - Employment and dutiesCite This Page — Counsel Stack
Bluebook (online)
Tennessee § 45-11-109, Counsel Stack Legal Research, https://law.counselstack.com/statute/tn/45-11-109.