On July 1, 1995, primary shares of the corporation shall automatically be converted to membership shares of the corporation.
Tenn. Code Ann. § 45-4-1208
Primary shares — Dividends — Withdrawing credit unions
Acts 1981, ch. 76, § 8; 1983, ch. 94, §§ 2, 3; impl. am. 1983, ch. 216, §§ 1-9; 1987, ch. 100, § 4; 1995, ch. 23, § 5.
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.