Tennessee § 45-3-1505 - Acquisitions — Application — Approval required.
Full text of Tennessee Tennessee Code Annotated § 45-3-1505 — Acquisitions — Application — Approval required., with citation guidance and answers to common questions.
§ 45-3-1505. Acquisitions — Application — Approval required.
A mutual savings and loan holding company may acquire control of a subsidiary, association, or mutual savings and loan holding company upon application to and the prior written approval of the commissioner. The application shall be in the form prescribed by the commissioner and shall contain information that enables the commissioner to determine if the acquisition is consistent with the public interest of maintaining a sound financial system. Acts 1989, ch. 354, § 5.
Frequently Asked Questions About Tennessee § 45-3-1505
What does Tennessee Code Annotated § 45-3-1505 cover?
Section 45-3-1505 ("Acquisitions — Application — Approval required.") 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 § 45-3-1505?
A common citation format is "Tennessee Code Annotated § 45-3-1505" (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 § 45-3-1505 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.