Tennessee Statutes
§ 45-4-1210 — Supervision by commissioner of financial institutions - Fee
Tennessee·Title 45
(a)The corporation is declared to be performing the functions of a credit union and shall be subject to exclusive supervision and an annual examination by the commissioner of financial institutions.
(b)The corporation shall pay an annual supervision fee equal in amount to one-half (½) of the fee calculated to be due in accordance with § 45-4-1002(c) from a noncorporate credit union having assets equal in amount to the corporation.
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Tennessee § 45-4-1210 (Supervision by commissioner of financial institutions - Fee) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
Amended by 2015 Tenn. Acts, ch. 241, s 2, eff. 4/24/2015. Acts 1981, ch. 76, § 10; 1984, ch. 714, § 4.
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