The objective of this chapter is to facilitate the delivery of credit for home ownership, family and community purposes, and of other financial and related services, through the chartering of depository institutions known as savings banks, which shall conduct their general business strictly as savings banks in accordance with the requirements of this chapter and the regulations issued under this chapter, if any.
Tenn. Code Ann. § 45-14-102
Objective of chapter
Known as the Savings Bank Chartering Act
The act spans §§ 45-14-101 to 45-14-114 (14 sections).
Acts 1991, ch. 177, § 2; 1996, ch. 768, § 28.
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.