Tennessee Statutes

§ 45-2-1311 — Nonconforming assets or business

Tennessee § 45-2-1311

This text of Tennessee § 45-2-1311 (Nonconforming assets or business) 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. § 45-2-1311 (2026).

Text

If a merging or converting bank has assets that do not conform to the requirements of state law for the resulting state bank, or carries on business activities that are not permitted for the resulting state bank, the commissioner may permit a reasonable time to conform with state law.

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Legislative History

Acts 1969, ch. 36, § 1 (3.411); 1973, ch. 294, § 6; T.C.A., § 45-611.

Nearby Sections

15
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Bluebook (online)
Tennessee § 45-2-1311, Counsel Stack Legal Research, https://law.counselstack.com/statute/tn/45-2-1311.