Tennessee § 45-14-112 - Revocation of charter — Grounds.
Full text of Tennessee Tennessee Code Annotated § 45-14-112 — Revocation of charter — Grounds., with citation guidance and answers to common questions.
§ 45-14-112. Revocation of charter — Grounds.
The commissioner may revoke any savings bank charter issued under this chapter if the commissioner finds, after notice and an opportunity for a hearing, that the savings bank willfully and consistently has been conducting its business in a manner that is substantially and materially inconsistent with the objective of this chapter, or if in violation of this chapter or any regulations promulgated thereunder. The commissioner shall revoke any savings bank charter issued under this chapter if the commissioner finds, after notice and an opportunity for a hearing, that the savings bank is violating § 45-14-103(g). The commissioner shall issue regulations providing for the voluntary surrender of savings bank charters issued under this chapter. Acts 1991, ch. 177, § 13.
Source: official Tennessee text · Last verified 2026-08-27
Frequently Asked Questions About Tennessee § 45-14-112
What does Tennessee Code Annotated § 45-14-112 cover?
Section 45-14-112 ("Revocation of charter — Grounds.") 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 § 45-14-112?
A common citation format is "Tennessee Code Annotated § 45-14-112" (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 § 45-14-112 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.