Tennessee Statutes
§ 48-101-111 — Duration of membership - Withdrawal
Tennessee § 48-101-111
JurisdictionTennessee
Title48
This text of Tennessee § 48-101-111 (Duration of membership - Withdrawal) 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. § 48-101-111 (2026).
Text
Membership in the corporation shall be for the duration of the corporation; provided, that upon written notice given to the corporation three (3) years in advance, a member may withdraw from membership in the corporation at the expiration date of such notice. A member shall not be obligated to make any loans to the corporation pursuant to calls made subsequent to the withdrawal of the member.
Free access — add to your briefcase to read the full text and ask questions with AI
Legislative History
Acts 1959, ch. 170, § 7; T.C.A., §§ 48-1711, 48-3-111.
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
AdministrationCite This Page — Counsel Stack
Bluebook (online)
Tennessee § 48-101-111, Counsel Stack Legal Research, https://law.counselstack.com/statute/tn/48-101-111.