Tennessee § 56-18-113 Officers of stock corporation become officers of new mutual corporation

Tennessee Statutes

§ 56-18-113 — Officers of stock corporation become officers of new mutual corporation

Tennessee § 56-18-113

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This text of Tennessee § 56-18-113 (Officers of stock corporation become officers of new mutual corporation) 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. § 56-18-113 (2026).

Text

When a stock life insurance corporation has become converted into a mutual life insurance corporation as provided in this chapter, the officers and directors shall remain as the officers and directors of the newly converted corporation until the next annual meeting for the election of officers and directors when their successors shall be elected in the manner provided for in this chapter and in the bylaws of the corporation.

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When a stock life insurance corporation has become converted into a mutual life insurance corporation as provided in this chapter, the officers and directors shall remain as the officers and directors of the newly converted corporation until the next annual meeting for the election of officers and directors when their successors shall be elected in the manner provided for in this chapter and in the bylaws of the corporation.