Tennessee § 45-3-1302 Receipt of deposits while in an impaired condition

Tennessee Statutes

§ 45-3-1302 — Receipt of deposits while in an impaired condition

Tennessee § 45-3-1302

Title45

This text of Tennessee § 45-3-1302 (Receipt of deposits while in an impaired condition) 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. § 45-3-1302 (2026).

Text

(a)It is unlawful for an association, directly or indirectly, to receive any deposit while in an impaired condition, except with the express written consent of the commissioner, or for an officer, director, agent, or employee of an association who knows, or in the proper performance of the person's duties should know, of the impaired condition, directly or indirectly, to receive or authorize the receipt of the deposits.

(b)A violation of this section is a Class B misdemeanor.

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(a) It is unlawful for an association, directly or indirectly, to receive any deposit while in an impaired condition, except with the express written consent of the commissioner, or for an officer, director, agent, or employee of an association who knows, or in the proper performance of the person's duties should know, of the impaired condition, directly or indirectly, to receive or authorize the receipt of the deposits. (b) A violation of this section is a Class B misdemeanor.