Tennessee § 43-38-1007 - Articles of termination following administrative dissolution.
Full text of Tennessee Tennessee Code Annotated § 43-38-1007 — Articles of termination following administrative dissolution., with citation guidance and answers to common questions.
§ 43-38-1007. Articles of termination following administrative dissolution.
When a cooperative that has been administratively dissolved wishes to terminate its existence, it may do so without first being reinstated, by delivering to the secretary of state for filing articles of termination following administrative dissolution setting forth: The name of the cooperative; The date that termination of cooperative existence was authorized; That the resolution authorizing termination was duly adopted by the members; A copy of the resolution or the written consent authorizing the termination; and A statement that all the assets of the cooperative have been distributed to its creditors and members. If the secretary of state finds that the articles of termination following administrative dissolution comply with the requirements of subsection (a), the secretary of state shall file the articles of termination following administrative dissolution. Upon this filing, the existence of the cooperative shall cease, except that the termination of cooperative existence shall not take away or impair any remedy to or against the cooperative or its members, directors or officers for any right or claim existing or any liability incurred, prior to the termination. Any such action or proceeding by or against the cooperative may be prosecuted or defended by the cooperative in its cooperative name. The members, directors or officers shall have the power to take such cooperative or other action as may be appropriate to protect the remedy, right or claim. Sections 43-38-1003 — 43-38-1007 shall apply to the administrative dissolution of any domestic cooperative. Acts 2004, ch. 534, § 32.
Source: official Tennessee text · Last verified 2026-08-27
Frequently Asked Questions About Tennessee § 43-38-1007
What does Tennessee Code Annotated § 43-38-1007 cover?
Section 43-38-1007 ("Articles of termination following administrative dissolution.") is part of the Tennessee Code Annotated, the codified statutory law of Tennessee. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Tennessee § 43-38-1007?
A common citation format is "Tennessee Code Annotated § 43-38-1007" (Tennessee). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Tennessee law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Tennessee official source linked on this page or consult a licensed Tennessee attorney.
How does Tennessee § 43-38-1007 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Tennessee can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Tennessee.