Tennessee Statutes

§ 45-2-609 — Sale of assets in ordinary course

Tennessee § 45-2-609

This text of Tennessee § 45-2-609 (Sale of assets in ordinary course) 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. § 45-2-609 (2026).

Text

A bank may sell any asset in the ordinary course of business, but the sale of all or substantially all of the assets of a bank shall entitle dissenting shareholders to the rights provided by § 45-2-1309 .

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Legislative History

Acts 1969, ch. 36, § 1 (3.244); T.C.A., § 45-438.

Nearby Sections

15
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Bluebook (online)
Tennessee § 45-2-609, Counsel Stack Legal Research, https://law.counselstack.com/statute/tn/45-2-609.