Tennessee Code 45-3-117 – Acknowledgments by stockholders, members, and employees
Current as of: 2023 | Check for updates
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Terms Used In Tennessee Code 45-3-117
- Association: means a capital stock or mutual savings and loan association. See Tennessee Code 45-3-104
- Member: means a person holding a deposit account of a mutual association. See Tennessee Code 45-3-104
- Stockholder: means the holder of one (1) or more shares of any class of capital stock of a capital stock association organized and operating pursuant to this chapter. See Tennessee Code 45-3-104
No public officer qualified to take acknowledgments or proofs of any instrument in writing in which an association is interested shall be disqualified by reason of the officer’s status as a stockholder, member, or employee of the association so interested, and the acknowledgments or proofs previously taken are validated.