Tennessee Statutes

§ 45-3-116 — Exemption from securities laws

Tennessee § 45-3-116

This text of Tennessee § 45-3-116 (Exemption from securities laws) 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. § 45-3-116 (2026).

Text

All associations subject to this chapter and all federal associations, the directors, officers, agents, or employees of the associations, deposit accounts and capital stock of the associations and the sale, issuance, or offering for sale of deposit accounts and capital stock of the associations are exempted from all provisions of law of this state, other than this chapter, that provide for supervision, registration, or regulation in connection with the sale, issuance, or offering for sale of securities, and the sale, issuance, or offering for sale of the accounts or stock shall not require any action or approval whatsoever by any official authorized to license, regulate, or supervise the sale, issuance, or offering for sale of securities.

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Legislative History

Acts 1978, ch. 708, § 5.23; T.C.A., § 45-1723.

Nearby Sections

15
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Bluebook (online)
Tennessee § 45-3-116, Counsel Stack Legal Research, https://law.counselstack.com/statute/tn/45-3-116.