Tennessee § 48-101-102 Part definitions

Tennessee Statutes

§ 48-101-102 — Part definitions

Tennessee § 48-101-102

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This text of Tennessee § 48-101-102 (Part definitions) 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. § 48-101-102 (2026).

Text

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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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 state which shall undertake to lend money to a corporation created under this part, upon its call, and in accordance with this part.