Chapter

Part 15 Mutual Savings and Loan Holding Company Act

Tenn. Code Ann. § 45-3-101— Short title
Tenn. Code Ann. § 45-3-102— Scope and application
Tenn. Code Ann. § 45-3-103— Application of general corporation law and the Uniform Administration Procedures Act
Tenn. Code Ann. § 45-3-104— Chapter definitions
Tenn. Code Ann. § 45-3-105— Powers of associations generally
Tenn. Code Ann. § 45-3-106— Tie-in provision
Tenn. Code Ann. § 45-3-107— Corporate form required — Capital stock and mutual associations authorized
Tenn. Code Ann. § 45-3-108— Ownership of associations — Changes affecting control
Tenn. Code Ann. § 45-3-109— Capital stock — Nature
Tenn. Code Ann. § 45-3-110— Capital stock associations — Issuance of capital stock
Tenn. Code Ann. § 45-3-111— Capital stock and mutual associations — Minimum capital requirements
Tenn. Code Ann. § 45-3-112— Capital stock associations — Paid-in surplus
Tenn. Code Ann. § 45-3-113— Mutual associations — Expense fund requirements
Tenn. Code Ann. § 45-3-114— Mutual associations — Repayment of contributions to expense fund
Tenn. Code Ann. § 45-3-115— Change of office or name
Tenn. Code Ann. § 45-3-116— Exemption from securities laws
Tenn. Code Ann. § 45-3-117— Acknowledgments by stockholders, members, and employees
Tenn. Code Ann. § 45-3-118— References to “building and loan association.”
Tenn. Code Ann. § 45-3-119— References to federal savings and loan associations
Tenn. Code Ann. § 45-3-120— Liberal construction
Tenn. Code Ann. § 45-3-201— Application to organize
Tenn. Code Ann. § 45-3-202— Commissioner's approval of application for certificate of authority — Hearing
Tenn. Code Ann. § 45-3-203— Denial of application
Tenn. Code Ann. § 45-3-204— Subscription to capital and interim organization
Tenn. Code Ann. § 45-3-205— Requirements for charter and bylaws
Tenn. Code Ann. § 45-3-206— Certificate of authority
Tenn. Code Ann. § 45-3-207— Completion of organization
Tenn. Code Ann. § 45-3-208— Forfeiture of certificate of authority and charter for nonuse
Tenn. Code Ann. § 45-3-209— Corporate name — Exclusive use by associations
Tenn. Code Ann. § 45-3-301— Location — Effect of de novo branches
Tenn. Code Ann. § 45-3-302— Approval by commissioner
Tenn. Code Ann. § 45-3-303— Rules and regulations
Tenn. Code Ann. § 45-3-401— Required liquidity
Tenn. Code Ann. § 45-3-402— Regulation of loans and investments
Tenn. Code Ann. § 45-3-403— Right to act to avoid loss
Tenn. Code Ann. § 45-3-404— Computation of net income
Tenn. Code Ann. § 45-3-405— Reserves — Liquid assets
Tenn. Code Ann. § 45-3-406— Transfers to loss reserves
Tenn. Code Ann. § 45-3-407— Dividends on capital stock
Tenn. Code Ann. § 45-3-501— Deposit liability
Tenn. Code Ann. § 45-3-502— Authorization of deposit accounts
Tenn. Code Ann. § 45-3-503— Nature of deposit accounts
Tenn. Code Ann. § 45-3-504— Prohibited transactions
Tenn. Code Ann. § 45-3-505— Contracts for savings programs
Tenn. Code Ann. § 45-3-506— Power of attorney on accounts
Tenn. Code Ann. § 45-3-507— Accounts of minors
Tenn. Code Ann. § 45-3-508— Accounts in two or more names
Tenn. Code Ann. § 45-3-509— Pledge to association of an account in joint tenancy
Tenn. Code Ann. § 45-3-510— Incompetency of a joint tenant
Tenn. Code Ann. § 45-3-511— Accounts of administrators, executors, guardians, custodians, trustees, and other fiduciaries
Tenn. Code Ann. § 45-3-512— Accounts of incompetents
Tenn. Code Ann. § 45-3-513— Accounts of deceased nonresidents
Tenn. Code Ann. § 45-3-514— Payment when no executor or administrator qualifies
Tenn. Code Ann. § 45-3-515— Account payable on death
Tenn. Code Ann. § 45-3-516— Accounts as legal investments and as security
Tenn. Code Ann. § 45-3-517— Lien on accounts
Tenn. Code Ann. § 45-3-518— Interest on accounts
Tenn. Code Ann. § 45-3-519— Withdrawal
Tenn. Code Ann. § 45-3-520— Redemption of accounts
Tenn. Code Ann. § 45-3-521— Statute of limitations on accounts
Tenn. Code Ann. § 45-3-522— Final adjustment of statements of account
Tenn. Code Ann. § 45-3-523— Association deposits and collections
Tenn. Code Ann. § 45-3-524— Payment and negotiation of check when no estate has been opened or the estate has been closed
Tenn. Code Ann. § 45-3-525— Acknowledgement or affidavit — Guaranty
Tenn. Code Ann. § 45-3-601— Investment in securities
Tenn. Code Ann. § 45-3-602— Investments in real estate
Tenn. Code Ann. § 45-3-603— Dealing with successors in interest
Tenn. Code Ann. § 45-3-701— Real estate loans
Tenn. Code Ann. § 45-3-702— Insured or guaranteed loans
Tenn. Code Ann. § 45-3-703— Other loans
Tenn. Code Ann. § 45-3-704— Construction lenders liability
Tenn. Code Ann. § 45-3-705— Installment loans and loans for purchase of mobile homes — Interest and charges — Statement of transaction
Tenn. Code Ann. § 45-3-706— Insurance protection for home improvement installment loans
Tenn. Code Ann. § 45-3-707— Department to service loans — Service charge
Tenn. Code Ann. § 45-3-801— Supervision of associations
Tenn. Code Ann. § 45-3-802— Books and records
Tenn. Code Ann. § 45-3-803— Forms — Records — Accounting practices
Tenn. Code Ann. § 45-3-804— Misdescription of assets
Tenn. Code Ann. § 45-3-805— Charging off or setting up reserves against bad assets
Tenn. Code Ann. § 45-3-806— Reproduction and destruction of records
Tenn. Code Ann. § 45-3-807— Confidentiality of records
Tenn. Code Ann. § 45-3-808— Annual audit
Tenn. Code Ann. § 45-3-809— Annual report
Tenn. Code Ann. § 45-3-810— Additional and special reports
Tenn. Code Ann. § 45-3-811— Financial statements
Tenn. Code Ann. § 45-3-812— Examination of associations
Tenn. Code Ann. § 45-3-813— Commissioner authorized to have appraisals made at expense of association
Tenn. Code Ann. § 45-3-814— Disclosure of information — Reports as evidence
Tenn. Code Ann. § 45-3-815— Access to records — Summons — Oaths and examination of witnesses
Tenn. Code Ann. § 45-3-816— Additional supervisory powers
Tenn. Code Ann. § 45-3-817— Commissioner's power to act in certain instances
Tenn. Code Ann. § 45-3-818— Commissioner may order any association to discontinue any illegal practice
Tenn. Code Ann. § 45-3-819— Removal of directors, officers, and employees participating in violations
Tenn. Code Ann. § 45-3-820— Reliance upon action by commissioner
Tenn. Code Ann. § 45-3-901— Applicable taxes and exemptions
Tenn. Code Ann. § 45-3-1001— Organization fees
Tenn. Code Ann. § 45-3-1002— Fees for establishment of branch office
Tenn. Code Ann. § 45-3-1003— Other fees and expenses
Tenn. Code Ann. § 45-3-1004— Commissioner's power to modify fees
Tenn. Code Ann. § 45-3-1101— Amendment of charters
Tenn. Code Ann. § 45-3-1102— Merger and consolidation
Tenn. Code Ann. § 45-3-1103— Sale of assets
Tenn. Code Ann. § 45-3-1104— Procedure to effect sale of assets
Tenn. Code Ann. § 45-3-1105— Conversion of state mutual or federal association to state capital stock association
Tenn. Code Ann. § 45-3-1106— Conversion of state capital stock association or federal association to state mutual association
Tenn. Code Ann. § 45-3-1107— Conversion from state to federal association
Tenn. Code Ann. § 45-3-1108— Plan of conversion — Mandatory and permissive requirements
Tenn. Code Ann. § 45-3-1109— Effect of conversion
Tenn. Code Ann. § 45-3-1110— Voluntary liquidation and dissolution
Tenn. Code Ann. § 45-3-1201— Commissioner's authority to take possession
Tenn. Code Ann. § 45-3-1202— Requirements of reorganization plan
Tenn. Code Ann. § 45-3-1203— Liquidation by commissioner
Tenn. Code Ann. § 45-3-1204— Appointment of receiver
Tenn. Code Ann. § 45-3-1301— Unauthorized conduct of savings and loan business
Tenn. Code Ann. § 45-3-1302— Receipt of deposits while in an impaired condition
Tenn. Code Ann. § 45-3-1303— Unlawful concealment of transactions
Tenn. Code Ann. § 45-3-1304— Improper maintenance of accounts — False or deceptive entries and statements
Tenn. Code Ann. § 45-3-1305— Unlawful payments of penalties and judgments
Tenn. Code Ann. § 45-3-1306— False reports
Tenn. Code Ann. § 45-3-1307— False swearing
Tenn. Code Ann. § 45-3-1308— Unlawful disclosure of information
Tenn. Code Ann. § 45-3-1309— Director acting to detriment of association
Tenn. Code Ann. § 45-3-1310— Appropriation of property and false entries
Tenn. Code Ann. § 45-3-1311— Defamation of business reputation
Tenn. Code Ann. § 45-3-1312— Commissioner to submit violations to district attorney general
Tenn. Code Ann. § 45-3-1313— Criminal sanctions for violations
Tenn. Code Ann. § 45-3-1314— Injunction
Tenn. Code Ann. § 45-3-1401— Short title
Tenn. Code Ann. § 45-3-1402— Part definitions
Tenn. Code Ann. § 45-3-1403— Acquisitions by out-of-state savings and loan holding companies or out-of-state associations
Tenn. Code Ann. § 45-3-1404— Branch banks and subsidiaries
Tenn. Code Ann. § 45-3-1501— Short title
Tenn. Code Ann. § 45-3-1502— Part definitions
Tenn. Code Ann. § 45-3-1503— Savings and loan holding companies and their subsidiaries — Registration requirements
Tenn. Code Ann. § 45-3-1504— Mutual savings and loan holding companies and their subsidiaries — Reports — Examination — Fees
Tenn. Code Ann. § 45-3-1505— Acquisitions — Application — Approval required
Tenn. Code Ann. § 45-3-1506— Ownership limitations — Statutory compliance
Tenn. Code Ann. § 45-3-1507— Appointment of personnel — Bonding requirements
Tenn. Code Ann. § 45-3-1508— Commissioner — Duties and powers