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At no time shall the total obligations of such corporation exceed ten (10) times the amount of its paid-in capital and surplus, not including therein the earned surplus.
Cite this article: FindLaw.com - Tennessee Code Title 48. Corporations and Associations § 48-101-115 - last updated January 01, 2020 | https://codes.findlaw.com/tn/title-48-corporations-and-associations/tn-code-sect-48-101-115.html
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