Tennessee Statutes
§ 45-5-605 — Issuance of thrift certificates
Tennessee § 45-5-605
JurisdictionTennessee
Title45
This text of Tennessee § 45-5-605 (Issuance of thrift certificates) 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. § 45-5-605 (2026).
Text
An industrial bank shall not issue thrift certificates until and unless:
(1)It is qualified for federal deposit insurance and its thrift certificates are insured by the federal deposit insurance corporation;
(2)It has filed the forms, documents and receipts to be used by it in the offering and sale of the thrift certificates with the commissioner; and (3) It has complied with all rules and orders of the commissioner governing the issuance of the thrift certificates by it.
Free access — add to your briefcase to read the full text and ask questions with AI
Legislative History
Acts 1983, ch. 274, § 20.
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 dutiesCite This Page — Counsel Stack
Bluebook (online)
Tennessee § 45-5-605, Counsel Stack Legal Research, https://law.counselstack.com/statute/tn/45-5-605.