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Tenn. Code Ann. § 59-13-103

Chapter definitions

Known as the Tennessee Coal Cooperative Marketing Association Law

The act spans §§ 59-13-101 to 59-13-144 (44 sections).

Acts 1984, ch. 864, § 3.

As used in this chapter, the following definitions shall have the meanings set out unless the context clearly indicates otherwise:

(1) “Association” means any corporation organized under this chapter. Associations organized hereunder shall be deemed “nonprofit,” inasmuch as they are not organized to make profit for themselves, as such, or for their members, as such, but only for their members as producers;

(2) “Coal” means coal and all of its derivatives;

(3) “Member” means actual members of associations without capital stock, and holders of common stock in associations organized with capital stock; and

(4) “Person” means any individual, firm, partnership, corporation, and association.

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.