Notwithstanding anything to the contrary in the laws of this state, every association organized and incorporated pursuant to or operating under this chapter has all the powers granted to savings and loan associations whose home offices are located in this state and that are incorporated or operating under the laws of the United States.
Tenn. Code Ann. § 45-3-106
Tie-in provision
Known as the Tennessee Savings and Loan Act
The act spans §§ 45–45 (137 sections).
Applied in 1 court decision — leading case Volunteer State Bank v. National Bank of Commerce (1988)
Most recently applied in Volunteer State Bank v. National Bank of Commerce (May 1988)
Acts 1978, ch. 708, § 1.06; T.C.A., § 45-1306.
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.