Tennessee § 56-18-114 - Powers of corporation upon conversion.

Full text of Tennessee Tennessee Code Annotated § 56-18-114 — Powers of corporation upon conversion., with citation guidance and answers to common questions.

§ 56-18-114. Powers of corporation upon conversion.

When a stock life insurance corporation has become converted into a mutual life insurance corporation as provided in this chapter, it shall have all the rights, privileges and powers conferred upon it by its charter and any amendments to its charter, and all the rights, privileges and powers conferred by general laws of this state either expressly applicable to a mutual life insurance corporation or containing general language within the scope and purview of which a mutual life insurance corporation falls. Acts 1949, ch. 91, § 13; C. Supp. 1950, § 6433.25 (Williams, § 6433.29); T.C.A. (orig. ed.), § 56-1615.

Source: official Tennessee text · Last verified 2026-08-27

Frequently Asked Questions About Tennessee § 56-18-114

What does Tennessee Code Annotated § 56-18-114 cover?

Section 56-18-114 ("Powers of corporation upon conversion.") 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 § 56-18-114?

A common citation format is "Tennessee Code Annotated § 56-18-114" (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 § 56-18-114 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.