Tennessee § 45-8-205 - Corporate names.
Full text of Tennessee Tennessee Code Annotated § 45-8-205 — Corporate names., with citation guidance and answers to common questions.
§ 45-8-205. Corporate names.
Except as otherwise provided in subsection (b), a person transacting business in this state, other than a licensee, shall not use a name or title that indicates that the person is a business and industrial development corporation, including, but not limited to, use of the term “BIDCO,” and shall not otherwise represent that the person is a business and industrial development corporation or a licensee. Before being issued a license under this part, a Tennessee corporation that proposes to apply for a license or that applies for a license may perform, under a name that indicates that the corporation is a business and industrial development corporation, the acts necessary to apply for and obtain a license and to otherwise prepare to commence transacting business as a licensee. The corporation shall not represent that it is a licensee until after the license has been obtained. A BIDCO licensed under this part shall not use a name or title that would indicate that it is a bank or trust company. Acts 1989, ch. 124, § 5; 1997, ch. 131, § 2.
Source: official Tennessee text · Last verified 2026-08-27
Frequently Asked Questions About Tennessee § 45-8-205
What does Tennessee Code Annotated § 45-8-205 cover?
Section 45-8-205 ("Corporate names.") 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 § 45-8-205?
A common citation format is "Tennessee Code Annotated § 45-8-205" (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 § 45-8-205 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.