Tennessee Statutes

§ 59-13-126 — Preferred stock

Tennessee § 59-13-126

This text of Tennessee § 59-13-126 (Preferred stock) 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. § 59-13-126 (2026).

Text

Any association organized with stock under this chapter may issue preferred stock, with or without the right to vote. Such stock may be sold to any person, member or nonmember, and may be redeemable or retireable by the association on such terms and conditions as may be provided for by the articles of incorporation and printed on the face of the certificate.

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Legislative History

Acts 1984, ch. 864, § 26.

Nearby Sections

15
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Bluebook (online)
Tennessee § 59-13-126, Counsel Stack Legal Research, https://law.counselstack.com/statute/tn/59-13-126.