Tennessee Statutes

§ 45-3-1103 — Sale of assets

Tennessee § 45-3-1103

This text of Tennessee § 45-3-1103 (Sale of assets) 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. § 45-3-1103 (2026).

Text

An association, in one (1) transaction not in the ordinary course of its business, may sell all or substantially all of its assets, with or without its name and good will, to another association or to a federal association, in consideration of money, stock, or obligations of the purchasing association.

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Legislative History

Acts 1978, ch. 708, § 4.11; T.C.A., § 45-1611.

Nearby Sections

15
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Bluebook (online)
Tennessee § 45-3-1103, Counsel Stack Legal Research, https://law.counselstack.com/statute/tn/45-3-1103.