Tennessee § 65-25-124 - Securities act exemption.
Full text of Tennessee Tennessee Code Annotated § 65-25-124 — Securities act exemption., with citation guidance and answers to common questions.
§ 65-25-124. Securities act exemption.
Title 48, chapter 16 shall not apply to any note, bond, or other evidence of indebtedness issued by any cooperative or foreign corporation transacting business in this state pursuant to this chapter, to the United States or any agency or instrumentality thereof, or to any mortgage or deed of trust executed to secure the same. These sections, as amended, shall not apply to the issuance of membership certificates by any cooperative or any such foreign corporation. Acts 1988, ch. 689, § 2; T.C.A. § 65-25-224 . Code Commission Notes. Former part 1 of this chapter was deleted and former part 2 was renumbered as T.C.A. §§ 65-25-101 to 65-25-135 by authority of the Code Commission in 2015.
Source: official Tennessee text · Last verified 2026-08-27
Frequently Asked Questions About Tennessee § 65-25-124
What does Tennessee Code Annotated § 65-25-124 cover?
Section 65-25-124 ("Securities act exemption.") 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 § 65-25-124?
A common citation format is "Tennessee Code Annotated § 65-25-124" (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 § 65-25-124 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.