Tennessee Statutes

§ 45-5-610 — Conversion of investment certificates to thrift certificates

Tennessee § 45-5-610

This text of Tennessee § 45-5-610 (Conversion of investment certificates to 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. § 45-5-610 (2026).

Text

Any outstanding investment certificates of an industrial loan and thrift company or of an industrial investment company that converts to operation as an industrial bank or any outstanding investment certificates of an industrial bank may be converted to thrift certificates, if the certificates will be insured by the federal deposit insurance corporation and otherwise meet the requirements for thrift certificates provided in this chapter and of any applicable rules adopted by the commissioner.

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Legislative History

Acts 1983, ch. 274, § 20.

Nearby Sections

15
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Bluebook (online)
Tennessee § 45-5-610, Counsel Stack Legal Research, https://law.counselstack.com/statute/tn/45-5-610.