Tennessee Statutes

§ 59-13-130 — Referral of policy to membership

Tennessee § 59-13-130

This text of Tennessee § 59-13-130 (Referral of policy to membership) 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. § 59-13-130 (2026).

Text

Upon demand of two-thirds (2/3) of the entire board of directors, made immediately and so recorded at the same meeting at which the original motion was passed, any matter of policy that has been approved or passed by the board must be referred to the entire membership or the stockholders for decision at the next special or regular meeting; and a special meeting may be called for the purpose.

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Legislative History

Acts 1984, ch. 864, § 30.

Nearby Sections

15
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Bluebook (online)
Tennessee § 59-13-130, Counsel Stack Legal Research, https://law.counselstack.com/statute/tn/59-13-130.