Tennessee Statutes

§ 45-2-1301 — Part definitions

Tennessee·Title 45

As used in this part, unless the context otherwise requires:

(1)"Bank" means a state or a national bank;
(2)"Continuing bank" means a merging bank the charter of which becomes the charter of the resulting bank;
(3)"Converting bank" means a bank converting from a state to a national bank, or the reverse;
(4)"Merger" includes consolidation;
(5)"Merging bank" means a party to a merger;
(6)"National bank" means a national banking association located in this state;
(7)"Resulting bank" means the bank resulting from a merger or conversion; and (8) "State bank" means a bank chartered by this state.

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Legislative History

Acts 1969, ch. 36, § 1 (3.401); T.C.A., § 45-601.

Nearby Sections

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