Any financial institution may apply to the commissioner for permission to convert its charter in order to do business as another type of financial institution in accordance with the procedures prescribed in this chapter.
Tenn. Code Ann. § 45-11-104
Conversion of charter
Known as the Financial Institutions Conversion Act
The act spans §§ 45–45 (10 sections).
Acts 1985, ch. 174, § 2.
Current official text: Tennessee Code (LexisNexis). Digitized from the UniCourt Code Improvement Commission public-domain capture. Reproduced from public-domain Tennessee statutes; confirm against the official source for the current text. Not legal advice.