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Tennessee Code Title 45. Banks and Financial Institutions § 45-2-1708

Current as of January 02, 2024 | Updated by Findlaw Staff

(a) It is unlawful for any person to use the terms “safe deposit,” “safety deposit,” or other words deceptively similar, in connection with the rental of storage space, or in the title or name under that business is done, except:

(1) A person subject to the jurisdiction of the department;

(2) A manufacturer or dealer in safe deposit facilities or equipment; or

(3) An association, the membership of which is composed of officers or institutions subject to regulation under this chapter and chapter 1 of this title, or the laws of the United States or any state.

(b) A violation of this section is a Class C misdemeanor.

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Cite this article: FindLaw.com - Tennessee Code Title 45. Banks and Financial Institutions § 45-2-1708 - last updated January 02, 2024 | https://codes.findlaw.com/tn/title-45-banks-and-financial-institutions/tn-code-sect-45-2-1708/

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