A state bank may participate in a loan with another lender to the extent that its participation does not exceed its legal limit for the type of loan except that participation may not violate § 45-2-1102(c).
Tenn. Code Ann. § 45-2-1105
Participation with other lenders
Acts 1969, ch. 36, § 1 (3.241); T.C.A., § 45-432; Acts 1984, ch. 573, § 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.