Tennessee Statutes

§ 48-101-115 — Limit on total obligations

Tennessee § 48-101-115

JurisdictionTennessee

Title48

This text of Tennessee § 48-101-115 (Limit on total obligations) 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. § 48-101-115 (2026).

Text

At no time shall the total obligations of such corporation exceed ten (10) times the amount of its paid-in capital and surplus, not including therein the earned surplus.

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Legislative History

Acts 1959, ch. 170, § 16; T.C.A., §§ 48-1715, 48-3-115.

Nearby Sections

15

§ 48-1-101

§ 48-1-102

Part definitions

§ 48-1-103

§ 48-1-104

Securities registration requirement - Civil penalty

§ 48-1-105

Registration by coordination

§ 48-1-106

Registration by qualification

§ 48-1-107

Provisions applicable to registration generally

§ 48-1-108

Stop order denying, suspending, or revoking registration

§ 48-1-109

Registration as broker-dealers, agents, investment advisers, and investment adviser representatives

§ 48-1-110

Registration as a broker-dealer, agent, investment adviser, or investment adviser representative; requirements and procedures

§ 48-1-111

Records and reports - Examinations

§ 48-1-112

Denial, revocation, suspension, cancellation, or withdrawal of registration

§ 48-1-113

Filing of sales and advertising literature

§ 48-1-114

Unlawful representation concerning registration or exemption

§ 48-1-115

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Bluebook (online)

Tennessee § 48-101-115, Counsel Stack Legal Research, https://law.counselstack.com/statute/tn/48-101-115.