Tenn. Code § 45-4-611
Current through Acts 2023-2024, ch. 1069
Notwithstanding another law to the contrary, a credit union with a state charter may purchase a participation interest in a loan from a bank, another credit union, or another eligible organization as provided in 12 CFR 701.22, without requiring membership of the borrower of the loan.
T.C.A. § 45-4-611