Tennessee Statutes

§ 65-25-105 — Powers of cooperative - Effect of chapter on third-party contractors

Tennessee § 65-25-105

This text of Tennessee § 65-25-105 (Powers of cooperative - Effect of chapter on third-party contractors) 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. § 65-25-105 (2026).

Text

(a)Not inconsistent with or in lieu of, but in addition to, the powers set forth in title 48, chapter 53, a cooperative has the power to:
(1)Have a corporate seal and alter the same at will; provided, that it need not have, nor shall it for any purpose be necessary for it to use, such a seal;
(2)Become a member in or stockholder of one (1) or more other nonprofit cooperatives, corporations or other legal entities and to own the same, wholly or in part;
(3)Solely on its own, or jointly, as tenant in common or as a partner with one (1) or more other entities, construct, purchase, take, receive, lease as lessee or lessor, or otherwise acquire, and own, hold, use, equip, maintain, and operate and sell, assign, transfer, convey, exchange, lease back, mortgage, pledge, or otherwise dispose o

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Legislative History

Amended by 2020 Tenn. Acts, ch. 631, s 1, eff. 3/20/2020. Amended by 2019 Tenn. Acts, ch. 508, s 5, eff. 6/3/2019. Amended by 2018 Tenn. Acts, ch. 570, s 1, eff. 3/16/2018. Amended by 2017 Tenn. Acts, ch. 228, s 8, eff. 4/24/2017. Acts 1988, ch. 689, § 2; 1989, ch. 172, § 2; 1999, ch. 430, §1; 2000, ch. 592, § 2; 2000, ch. 665, § 1; 2002, ch. 512, §1; 2005, ch. 426, § 2; T.C.A. §65-25-205.

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Bluebook (online)
Tennessee § 65-25-105, Counsel Stack Legal Research, https://law.counselstack.com/statute/tn/65-25-105.