At no time shall the total obligations of such corporation exceed ten (10) times the amount of its paid-in capital and surplus, not including therein the earned surplus.
Tenn. Code Ann. § 48-101-115, under Development Credit Corporation Act.
Tenn. Code Ann. § 48-101-115
At no time shall the total obligations of such corporation exceed ten (10) times the amount of its paid-in capital and surplus, not including therein the earned surplus.