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20 chapters · 794 sections in this title.
Tenn. Code Ann. § 45-4-607 Repayment on any business day
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A borrower may repay the whole or any part of the loan on any day on which the office of the corporation is open for the transaction of business.
Tenn. Code Ann. § 45-4-608 Loans to directors and committee members
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Subject to the limitations on loans contained in § 45-4-203 and as specified in written loan policies established by the board of directors, a director or member of the credit or supervisory committee shall be allowed to borrow from the corporation.
Tenn. Code Ann. § 45-4-609 Lien on stock and dividends for debts — Cancellation and liquidation upon withdrawal
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(a) A credit union shall have a lien on the shares of any member and on the dividends payable thereon for and to the extent of any loan made to the member and of any dues and fines payable by the member. (b) A credit union may, upon the resignation or expulsion of a member, cance…
Tenn. Code Ann. § 45-4-610 State chartered credit unions — Power to make loans — Interest rate
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Subject to the limitations on maximum effective rates of interest and service charges contained in §§ 45-4-601 — 45-4-604, a credit union chartered by the state of Tennessee has the power to make loans upon the same terms and conditions as permitted credit unions chartered by the…
