A depository institution that converts to a savings bank pursuant to this chapter shall have a period of time that the commissioner determines to be reasonable and prudent to conform to the requirements of this chapter and the regulations issued under this chapter, but the period shall not exceed ten (10) years from the date of conversion.
Tenn. Code Ann. § 45-14-110
Conversion to savings bank — Compliance with requirements of chapter
Known as the Savings Bank Chartering Act
The act spans §§ 45–45 (14 sections).
Acts 1991, ch. 177, § 11; 1996, ch. 768, § 34.
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.