Terms Used In Tennessee Code 48-103-301

  • Control: means the possession, direct or indirect, of the power to direct or cause the direction of the management or policies of a person whether through the ownership of voting securities, by contract or otherwise. See Tennessee Code 48-103-302
  • Share: means the unit into which the proprietary interests in a corporation are divided. See Tennessee Code 48-11-201

This part shall be known and may be cited as the “Tennessee Control Share Acquisition Act.”