Tennessee Statutes

§ 48-103-404 — Applicability of certain provisions concerning business combinations and control share acquisitions

Tennessee·Title 48
(a)Sections 48-103-203 - 48-103-209 shall apply to an authorized corporation to the same extent as such provisions apply to a "resident domestic corporation," as defined therein; provided, that the board of directors or shareholders of such foreign corporation have adopted a bylaw or charter provision specifying that the authorized corporation shall be subject to this subsection (a).
(b)Sections 48-103-304 and 48-103-311 shall apply to an authorized corporation to the same extent as such provisions apply to a "corporation," as defined therein; provided, that the board of directors or shareholders of such authorized corporation have adopted a bylaw or charter provision specifying that such authorized corporation shall be subject to this subsection (b).

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Tennessee § 48-103-404 (Applicability of certain provisions concerning business combinations and control share acquisitions) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.

Legislative History

Acts 1988, ch. 500, § 24; T.C.A., § 48-35-404.

Nearby Sections

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