Tennessee Statutes

§ 45-3-107 — Corporate form required - Capital stock and mutual associations authorized

Tennessee § 45-3-107

This text of Tennessee § 45-3-107 (Corporate form required - Capital stock and mutual associations authorized) 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. § 45-3-107 (2026).

Text

(a)No person, except a corporation chartered by the state of Tennessee or a federally chartered association, shall engage in the business of a savings and loan association in this state.
(b)The charter of an association may provide for the issuance of capital stock or for the organization of the association as a mutual association.

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Legislative History

Acts 1978, ch. 708, § 1.07; T.C.A., § 45-1307.

Nearby Sections

15
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Bluebook (online)
Tennessee § 45-3-107, Counsel Stack Legal Research, https://law.counselstack.com/statute/tn/45-3-107.