Tenn. Code § 59-13-110
Current through Acts 2023-2024, ch. 1069
The capital stock may be divided into preferred and common stock. If so divided, the articles of incorporation must contain a statement of the number of shares of stock to which preference is granted and the number of shares of stock to which no preference is granted; and the nature and definite extent of the preference and privileges granted to each.
T.C.A. § 59-13-110