Tennessee § 45-2-220 - Organization as a limited liability company — Rules and regulations — Applicability of limited liability company laws.
Full text of Tennessee Tennessee Code Annotated § 45-2-220 — Organization as a limited liability company — Rules and regulations — Applicability of limited liability company laws., with citation guidance and answers to common questions.
§ 45-2-220. Organization as a limited liability company — Rules and regulations — Applicability of limited liability company laws.
Subject to the requirements and restrictions of this chapter, including, but not limited to, deposit insurance requirements where applicable, a bank or trust company may organize as a limited liability company pursuant to title 48, chapters 201-249. The department shall have the authority to promulgate rules and regulations specifying the conditions under which a bank or trust company may organize as a limited liability company. To the extent title 48, chapters 201-249 is consistent with and not in conflict with this chapter and the rules and regulations of the department, title 48, chapters 201-249 shall apply to a bank or trust company that has organized as a limited liability company. Acts 2006, ch. 660, § 4. Compiler's Notes. Acts 2006, ch. 660, § 6 provided that the act shall not apply to any notice of intention filed on or after May 12, 2006.
Source: official Tennessee text · Last verified 2026-08-27
Frequently Asked Questions About Tennessee § 45-2-220
What does Tennessee Code Annotated § 45-2-220 cover?
Section 45-2-220 ("Organization as a limited liability company — Rules and regulations — Applicability of limited liability company laws.") 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 § 45-2-220?
A common citation format is "Tennessee Code Annotated § 45-2-220" (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 § 45-2-220 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.