Tennessee § 45-5-607 - Applicability of laws pertaining to banks.
Full text of Tennessee Tennessee Code Annotated § 45-5-607 — Applicability of laws pertaining to banks., with citation guidance and answers to common questions.
§ 45-5-607. Applicability of laws pertaining to banks.
In order to protect the interests of holders of thrift certificates, in addition to the other provisions of chapters 1 and 2 of this title made applicable by this chapter to industrial banks, the following sections are applicable to industrial banks as to state banks generally: §§ 45-1-122 ; 45-2-101 [repealed]; 45-2-103 ; 45-2-203 ; 45-2-207(a) , (d) and (e); 45-2-207(c) , except the reference to “trust powers”; 45-2-208 , except that loan limits for industrial banks shall be controlled by § 45-5-302 , rather than § 45-2-1102 ; 45-2-209 [repealed]; 45-2-404 ; 45-2-607 , except that industrial banks may invest in obligations that satisfy the requirements of chapter 5 of this title; and 45-2-616 . Acts 1983, ch. 274, § 20. Compiler's Notes. Section 45-2-209, referred to in this section, was repealed by Acts 1994, ch. 551, § 5. Section 45-2-101, referred to in this section, was repealed by Acts 2001, ch. 54, § 4.
Source: official Tennessee text · Last verified 2026-08-27
Frequently Asked Questions About Tennessee § 45-5-607
What does Tennessee Code Annotated § 45-5-607 cover?
Section 45-5-607 ("Applicability of laws pertaining to banks.") 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 § 45-5-607?
A common citation format is "Tennessee Code Annotated § 45-5-607" (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 § 45-5-607 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.