A bank may sell any asset in the ordinary course of business, but the sale of all or substantially all of the assets of a bank shall entitle dissenting shareholders to the rights provided by § 45-2-1309.
Tenn. Code Ann. § 45-2-609
Sale of assets in ordinary course
Acts 1969, ch. 36, § 1 (3.244); T.C.A., § 45-438.
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.