Tenn. Code § 45-3-1103

Current through Acts 2023-2024, ch. 1069
Section 45-3-1103 - Sale of assets

An association, in one (1) transaction not in the ordinary course of its business, may sell all or substantially all of its assets, with or without its name and good will, to another association or to a federal association, in consideration of money, stock, or obligations of the purchasing association.

T.C.A. § 45-3-1103

Acts 1978, ch. 708, § 4.11; T.C.A., § 45-1611.