™Your Policy Risk Impact Agent
20 chapters · 794 sections in this title.
Tenn. Code Ann. § 45-2-1410 Notice of subsequent merger
1.5K chars
(a) Each out-of-state state bank that has established and maintains a branch in this state pursuant to this part shall give at least thirty (30) days' prior written notice to the commissioner of any merger, consolidation, or other transaction that would cause a change of control …
Tenn. Code Ann. § 45-2-1411 Enforcement
1.0K chars
If the commissioner determines that a branch maintained by an out-of-state state bank or a trust office maintained by an out-of-state trust institution in this state is being operated in violation of any provision of the laws of this state, or is being operated in an unsafe and u…
Tenn. Code Ann. § 45-2-1412 Acquisition of branch by out-of-state bank
0.5K chars
(a) An out-of-state bank that does not already maintain a branch in Tennessee and that meets the requirements of this title may establish and maintain a branch in Tennessee through the acquisition of a branch or establishment of a de novo branch. (b) [Deleted by 2020 amendment.] …
Tenn. Code Ann. § 45-2-1501 Voluntary liquidation and dissolution
7.5K chars
(a) With the approval of the commissioner, a state bank may liquidate and dissolve. The commissioner shall grant approval if it appears that:(1) The proposal to liquidate and dissolve has been approved by a vote of two-thirds (⅔) of the outstanding voting stock at a meeting calle…
