Tennessee § 48-101-102 - Part definitions.
Full text of Tennessee Tennessee Code Annotated § 48-101-102 — Part definitions., with citation guidance and answers to common questions.
§ 48-101-102. Part definitions.
As used in this part, unless the context otherwise requires: “Board of directors” means the board of directors of a corporation created under this part; “Corporation” means a development credit corporation created under this part; “Financial institution” means any banking corporation or institution, trust company, savings bank, cooperative bank, savings and loan association, insurance company, or related corporation, partnership, foundation, or other institution engaged primarily in lending or investing funds; “Loan limit” means, for any member, the maximum amount permitted to be outstanding at one (1) time on loans made by such member to the corporation, as determined under this part; and “Member” means any financial institution authorized to do business within this state which shall undertake to lend money to a corporation created under this part, upon its call, and in accordance with this part. Acts 1959, ch. 170, § 2; T.C.A., §§ 48-1702, 48-3-102.
Frequently Asked Questions About Tennessee § 48-101-102
What does Tennessee Code Annotated § 48-101-102 cover?
Section 48-101-102 ("Part definitions.") 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 § 48-101-102?
A common citation format is "Tennessee Code Annotated § 48-101-102" (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 § 48-101-102 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.