Tennessee Code 43-16-144 – General corporation laws applicable – Exception
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Terms Used In Tennessee Code 43-16-144
- Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
The general corporation laws and all powers and rights under those laws apply to the associations organized under this chapter, except where such provisions are in conflict or inconsistent with the express provisions of this chapter.