Tenn. Code § 45-2-1301

Current through Acts 2023-2024, ch. 1069

Section 45-2-1301 - Part definitions

As used in this part, unless the context otherwise requires:

(1) "Bank" means a state or a national bank;

(2) "Continuing bank" means a merging bank the charter of which becomes the charter of the resulting bank;

(3) "Converting bank" means a bank converting from a state to a national bank, or the reverse;

(4) "Merger" includes consolidation;

(5) "Merging bank" means a party to a merger;

(6) "National bank" means a national banking association located in this state;

(7) "Resulting bank" means the bank resulting from a merger or conversion; and

(8) "State bank" means a bank chartered by this state.

T.C.A. § 45-2-1301

Acts 1969, ch. 36, § 1 (3.401); T.C.A., § 45-601.