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Tennessee Code Title 45. Banks and Financial Institutions § 45-5-607

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In order to protect the interests of holders of thrift certificates, in addition to the other provisions of chapters 1 and 2 of this title made applicable by this chapter to industrial banks, the following sections are applicable to industrial banks as to state banks generally:  §§ 45-1-122;  45-2-101;  45-2-103;  45-2-203;  45-2-207(a), (d) and (e);  § 45-2-207(c), except the reference to “trust powers”;  § 45-2-208, except that loan limits for industrial banks shall be controlled by § 45-5-302, rather than §§ 45-2-1102;  45-2-209;  45-2-404;  45-2-607, except that industrial banks may invest in obligations that satisfy the requirements of chapter 5 of this title;  and § 45-2-616.

Cite this article: - Tennessee Code Title 45. Banks and Financial Institutions § 45-5-607 - last updated January 01, 2020 |

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