Tennessee Statutes
§ 45-4-1101 — Creation
Tennessee·Title 45
(a)There is created the state credit union share insurance corporation, a nonprofit membership public corporation, sometimes referred to as "the corporation" in this part.
(b)The corporation may begin operations at any time within one (1) year after March 13, 1974, upon the adoption of articles of incorporation by the duly authorized representatives of not less than nine (9) credit unions chartered and existing under the laws of Tennessee. The articles of incorporation shall be subject to the approval of the commissioner of financial institutions, and shall be filed with the secretary of state and with the commissioner; and shall be recorded in the register's office of Hamilton County in which shall be located the principal office of the corporation.
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Tennessee § 45-4-1101 (Creation) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
Acts 1974, ch. 577, § 1; T.C.A., § 45-1835; Acts 1986, ch. 558, § 5.
Nearby Sections
15
§ 45-1-101
Short title§ 45-1-103
General definitions§ 45-1-104
Department to execute laws§ 45-1-106
Salary of commissioner§ 45-1-107
Powers and duties of commissioner§ 45-1-109
Oaths of office§ 45-1-111
Limitation of personal liability§ 45-1-112
Official seal§ 45-1-113
Office facilities§ 45-1-116
Examiners - Employment and duties