Tennessee Statutes
§ 45-2-1018 — Engaging in commerce prohibited
Tennessee·Title 45
A state trust company may not invest its funds in trade or commerce by buying, selling, or otherwise dealing in goods or by owning or operating a business not related to its fiduciary business, except as necessary to fulfill a fiduciary obligation to a client.
Free access — add to your briefcase to read the full text and ask questions with AI
Tennessee § 45-2-1018 (Engaging in commerce prohibited) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
Acts 1999, ch. 112, § 10.
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 duties