Any financial institution may request membership in the corporation by making application to the board of directors on such form and in such manner as the board of directors may require, and membership shall become effective upon acceptance of such application by the board.
Tenn. Code Ann. § 48-101-110
Membership of financial institutions
Acts 1959, ch. 170, § 7; T.C.A., §§ 48-1710, 48-3-110.
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.