Tennessee Statutes

§ 45-4-103 — Certificate of approval issued by commissioner of financial institutions on approval

Tennessee § 45-4-103

This text of Tennessee § 45-4-103 (Certificate of approval issued by commissioner of financial institutions on approval) 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. § 45-4-103 (2026).

Text

The commissioner shall approve the certificate of organization, and the bylaws, and if satisfied that the proposed field of operation is favorable to the success of the corporation and that the standing of the proposed incorporators is such as to give assurance that its affairs will be properly administered, the commissioner shall issue to the proposed incorporators a certificate of approval, annexed to the duplicate of the certificate of organization and of the bylaws.

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Related

League Central Credit Union v. Mottern
660 S.W.2d 787 (Court of Appeals of Tennessee, 1983)
22 case citations

Legislative History

Acts 1923, ch 68, § 4; Shan. Supp., § 2198a7; Code 1932, § 3835; Acts 1937, ch. 264, § 3; C. Supp. 1950, § 3835; Acts 1973, ch. 294, § 6; T.C.A. (orig. ed.), § 45-1804; Acts 1986, ch. 558, § 5.

Nearby Sections

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Bluebook (online)
Tennessee § 45-4-103, Counsel Stack Legal Research, https://law.counselstack.com/statute/tn/45-4-103.