Tennessee Statutes
§ 48-101-102 — Part definitions
Tennessee·Title 48
As used in this part, unless the context otherwise requires:
(1)"Board of directors" means the board of directors of a corporation created under this part;
(2)"Corporation" means a development credit corporation created under this part;
(3)"Financial institution" means any banking corporation or institution, trust company, savings bank, cooperative bank, savings and loan association, insurance company, or related corporation, partnership, foundation, or other institution engaged primarily in lending or investing funds;
(4)"Loan limit" means, for any member, the maximum amount permitted to be outstanding at one (1) time on loans made by such member to the corporation, as determined under this part; and (5) "Member" means any financial institution authorized to do business within this st
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Tennessee § 48-101-102 (Part definitions) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
Acts 1959, ch. 170, § 2; T.C.A., §§ 48-1702, 48-3-102.
Nearby Sections
15
§ 48-1-101
Short title§ 48-1-102
Part definitions§ 48-1-103
Exemptions§ 48-1-105
Registration by coordination§ 48-1-106
Registration by qualification§ 48-1-109
Registration as broker-dealers, agents, investment advisers, and investment adviser representatives§ 48-1-111
Records and reports - Examinations§ 48-1-115
Administration