(a) The general corporation laws and all powers and rights under such laws shall apply to the associations organized pursuant to such laws, except where such provisions are in conflict or inconsistent with the express provisions of this chapter.

Terms Used In Tennessee Code 59-13-144

  • 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.
(b) Any law which is in conflict with this chapter shall be construed as not applying to the associations herein provided for.
  Previous section
Next section  
 Chapter 13 Contents