Tennessee Statutes
§ 45-14-112 — Revocation of charter - Grounds
Tennessee § 45-14-112
JurisdictionTennessee
Title45
This text of Tennessee § 45-14-112 (Revocation of charter - Grounds) 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. § 45-14-112 (2026).
Text
(a)The commissioner may revoke any savings bank charter issued under this chapter if the commissioner finds, after notice and an opportunity for a hearing, that the savings bank willfully and consistently has been conducting its business in a manner that is substantially and materially inconsistent with the objective of this chapter, or if in violation of this chapter or any regulations promulgated thereunder.
(b)The commissioner shall revoke any savings bank charter issued under this chapter if the commissioner finds, after notice and an opportunity for a hearing, that the savings bank is violating § 45-14-103(g) .
(c)The commissioner shall issue regulations providing for the voluntary surrender of savings bank charters issued under this chapter.
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Legislative History
Acts 1991, ch. 177, § 13.
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 § 45-14-112, Counsel Stack Legal Research, https://law.counselstack.com/statute/tn/45-14-112.