Tennessee § 56-3-701 - “Equity security” defined.
Full text of Tennessee Tennessee Code Annotated § 56-3-701 — “Equity security” defined., with citation guidance and answers to common questions.
§ 56-3-701. “Equity security” defined.
As used in this part, “equity security” means any stock or similar security, or any security convertible, with or without consideration, into a stock or similar security, or carrying a warrant or right to subscribe or to purchase a stock or similar security; or a warrant or right; or any other security that the commissioner deems to be of similar nature and considers necessary or appropriate, by rules and regulations the commissioner prescribes in the public interest or for the protection of investors, to treat as an equity security. Acts 1965, ch. 95, § 6; T.C.A., §§ 56-255, 56-337.
Frequently Asked Questions About Tennessee § 56-3-701
What does Tennessee Code Annotated § 56-3-701 cover?
Section 56-3-701 ("“Equity security” defined.") 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 § 56-3-701?
A common citation format is "Tennessee Code Annotated § 56-3-701" (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 § 56-3-701 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.