Part 1 Residences of Persons With Disabilities 13-24-101 – 13-24-104
Part 2 Manufactured Residential Dwellings 13-24-201 – 13-24-202
Part 3 Utility Location 13-24-301 – 13-24-305
Part 4 Competitive Wireless Broadband Investment, Deployment, and Safety Act of 2018 13-24-401 – 13-24-413

Terms Used In Tennessee Code > Title 13 > Chapter 24

  • Account: means funds or assets held by a financial service provider, including, but not limited to, a deposit account, savings account, share account, certificate of deposit, trust account, IRA, guardianship or conservatorship account, investment or securities account, retirement account, or loan or extension of credit. See Tennessee Code 45-2-1202
  • Acquisition of a branch: means the acquisition of all or substantially all of the assets other than loans, cash or securities and the assumption of all or substantially all of the liabilities of or related to a branch that has been open and engaged in the business of banking for at least three (3) continuous years without the acquisition of the entire bank. See Tennessee Code 45-2-1402
  • acting as a fiduciary: means to act in the capacity of a fiduciary as defined in §. See Tennessee Code 45-1-103
  • Aesthetic plan: means any publicly available written resolution, regulation, policy, site plan, or approved plat establishing generally applicable aesthetic requirements within the authority or designated area within the authority. See Tennessee Code 13-24-402
  • Affidavit: A written statement of facts confirmed by the oath of the party making it, before a notary or officer having authority to administer oaths.
  • Affiliate: means any company that controls, is controlled by, or is under common control with another company. See Tennessee Code 45-2-1402
  • Amendment: A proposal to alter the text of a pending bill or other measure by striking out some of it, by inserting new language, or both. Before an amendment becomes part of the measure, thelegislature must agree to it.
  • Amortization: Paying off a loan by regular installments.
  • Answer: The formal written statement by a defendant responding to a civil complaint and setting forth the grounds for defense.
  • Appeal: A request made after a trial, asking another court (usually the court of appeals) to decide whether the trial was conducted properly. To make such a request is "to appeal" or "to take an appeal." One who appeals is called the appellant.
  • Applicant: means any person who submits an application pursuant to this part. See Tennessee Code 13-24-402
  • Application: means a request submitted by an applicant to an authority:

    • (A) For a permit to deploy or colocate small wireless facilities in the ROW. See Tennessee Code 13-24-402

    • Appraisal: A determination of property value.
    • Appropriation: The provision of funds, through an annual appropriations act or a permanent law, for federal agencies to make payments out of the Treasury for specified purposes. The formal federal spending process consists of two sequential steps: authorization
    • Articles of conversion: means the form of articles provided for in chapter 204 of this title creating a new LLC and evidencing the conversion of an existing partnership or corporation to the new LLC which shall have all of the assets and liabilities of the former partnership. See Tennessee Code 48-202-101
    • articles of organization: means in the case of an LLC organized under chapters 201-248 of this title, articles of organization, articles of amendment, articles of correction, certificates of merger, and all similar documents required to be filed with any of the foregoing as part of the formation and continuation of an LLC. See Tennessee Code 48-202-101
    • Assets: (1) The property comprising the estate of a deceased person, or (2) the property in a trust account.
    • Association: means a capital stock or mutual savings and loan association. See Tennessee Code 45-3-104
    • Attachment: A procedure by which a person's property is seized to pay judgments levied by the court.
    • Attorney-in-fact: A person who, acting as an agent, is given written authorization by another person to transact business for him (her) out of court.
    • Authority: means :

      • (i) Within a municipal boundary, the municipality, regardless of whether such municipality is a metropolitan government. See Tennessee Code 13-24-402

      • Bank: means a state or a national bank. See Tennessee Code 45-2-1301
      • Bank: has the meaning stated in § 3(a)(1) of the Federal Deposit Insurance Act, codified as 12 U. See Tennessee Code 45-2-1402
      • Bank: means a credit card state bank established and operated in accordance with §. See Tennessee Code 45-2-1903
      • Bank: means any person, as hereinafter defined, doing a banking business subject to the laws of this or any other jurisdiction and, for the purposes of supervision, examination and liquidation, includes industrial investment companies and industrial banks authorized by chapter 5 of this title. See Tennessee Code 45-1-103
      • Bank holding company: has the meaning set forth in § 2(a)(1) of the Bank Holding Company Act of 1956, 12 U. See Tennessee Code 45-2-1402
      • Bankruptcy: Refers to statutes and judicial proceedings involving persons or businesses that cannot pay their debts and seek the assistance of the court in getting a fresh start. Under the protection of the bankruptcy court, debtors may discharge their debts, perhaps by paying a portion of each debt. Bankruptcy judges preside over these proceedings.
      • Beneficiary: A person who is entitled to receive the benefits or proceeds of a will, trust, insurance policy, retirement plan, annuity, or other contract. Source: OCC
      • board of directors: means the governing board of a corporation, whether denominated the board of directors or otherwise, except that no person or group of persons is the board of directors because of powers delegated to that person or group pursuant to §. See Tennessee Code 48-51-201
      • Branch: means a branch as defined in §. See Tennessee Code 45-2-1402
      • Branch office: means an office or facility, other than the home office, at which payments on accounts and loans may be accepted and applications for loans may be received, at which accounts may be opened, and loans may be closed, and at which any other authorized business of the association may be transacted. See Tennessee Code 45-3-104
      • Capital stock association: means an association, the ownership of which rests in the holders of shares of capital stock, who may receive dividends on their shares, and who have the sole right to vote on matters affecting the association. See Tennessee Code 45-3-104
      • Cardholder: includes borrowers and other primary obligors on loans. See Tennessee Code 45-2-1903
      • city: means any town, city, metropolitan government or county. See Tennessee Code 7-32-101
      • Code: includes the Tennessee Code and all amendments and revisions to the code and all additions and supplements to the code. See Tennessee Code 1-3-105
      • Collateral kinship: means a relationship that is not lineal, but stems from a common ancestor. See Tennessee Code 45-2-2001
      • Collector: includes any person entrusted with the collection of public revenue. See Tennessee Code 1-3-105
      • Commercial activities: means any activities in which a bank holding company, financial holding company, a national bank, or a national bank subsidiary, may not engage under federal law. See Tennessee Code 45-2-1402
      • Commissioner: means the commissioner of financial institutions. See Tennessee Code 45-1-103
      • Commissioner: means the commissioner of financial institutions. See Tennessee Code 45-3-104
      • Common law: The legal system that originated in England and is now in use in the United States. It is based on judicial decisions rather than legislative action.
      • Communications facility: means the set of equipment and network components, including wires and cables and associated facilities, used by a communications service provider to provide communications service. See Tennessee Code 13-24-402
      • Communications service: means cable service as defined in 47 U. See Tennessee Code 13-24-402
      • Communications service provider: means a cable operator as defined in 47 U. See Tennessee Code 13-24-402
      • Community: means a city, town, or incorporated village in this state, or where not within any of the foregoing, a trade area in this state. See Tennessee Code 45-1-103
      • Company: has the meaning set forth in § 2(b) of the Bank Holding Company Act of 1956, 12 U. See Tennessee Code 45-2-1402
      • Company: includes a bank, trust company, corporation, partnership, association, business or other trust, or similar business entity. See Tennessee Code 45-1-103
      • Complaint: A written statement by the plaintiff stating the wrongs allegedly committed by the defendant.
      • Continuing bank: means a merging bank the charter of which becomes the charter of the resulting bank. See Tennessee Code 45-2-1301
      • Contract: A legal written agreement that becomes binding when signed.
      • Control: has the meaning set forth in § 2(a)(2) of the Bank Holding Company Act of 1956, 12 U. See Tennessee Code 45-2-1402
      • Control: has the meaning set forth in 12 U. See Tennessee Code 45-2-1901
      • Converting bank: means a bank converting from a state to a national bank, or the reverse. See Tennessee Code 45-2-1301
      • Conviction: A judgement of guilt against a criminal defendant.
      • 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.
      • County mayor: means and includes "county executive" unless the context clearly indicates otherwise. See Tennessee Code 1-3-105
      • credit card plan: means any account that can be accessed by a credit card, including a debit card with a credit feature, whereby the cardholder may obtain loans from time to time either by credit card cash advance or by the purchase or satisfaction by the bank of obligations of the cardholder incurred pursuant to a credit card. See Tennessee Code 45-2-1903
      • Credit card state bank: means a state bank chartered under the laws of Tennessee and whose principal office is in this state and the activities of which are limited to those permitted under §. See Tennessee Code 45-2-1901
      • Damages: Money paid by defendants to successful plaintiffs in civil cases to compensate the plaintiffs for their injuries.
      • De novo acquisition: means acquisition of shares of a bank prior to the time it is authorized to commence operations. See Tennessee Code 45-2-1402
      • De novo branch: means a branch of a bank that:

        • (A) Is originally established by the bank as a branch. See Tennessee Code 45-2-1402

        • Decedent: A deceased person.
        • Deed: The legal instrument used to transfer title in real property from one person to another.
        • Defendant: In a civil suit, the person complained against; in a criminal case, the person accused of the crime.
        • Department: means the department of financial institutions unless otherwise designated in this part. See Tennessee Code 45-2-1202
        • Department: means the department of financial institutions. See Tennessee Code 45-1-103
        • Deposit: means a deposit of money, bonds or other things of value, creating a debtor-creditor relationship. See Tennessee Code 45-1-103
        • deposit account: means that part of the deposit liability of an association that is credited to the account of the holder. See Tennessee Code 45-3-104
        • Deposit liability: means the aggregate amount of deposit accounts of depositors or members, including interest credited to the accounts, less redemptions and withdrawals. See Tennessee Code 45-3-104
        • Depositor: means the holder of a deposit account in an association. See Tennessee Code 45-3-104
        • Depository institution: means any company included for any purpose within any of the definitions of insured depository institution, as set forth in 12 U. See Tennessee Code 45-1-103
        • Designated ancestor: means one (1) or more ancestors of the family designated as such in the application submitted under this part. See Tennessee Code 45-2-2001
        • Directors: means natural persons, designated in the charter or bylaws or elected or appointed by the incorporators, and their successors and natural persons elected or appointed to act as members of the board, irrespective of the names or titles by which such persons are described. See Tennessee Code 48-51-201
        • Discovery: Lawyers' examination, before trial, of facts and documents in possession of the opponents to help the lawyers prepare for trial.
        • Dissolution: means that the LLC has incurred an event under §. See Tennessee Code 48-202-101
        • Domestic holding company: means a company, itself or through its parent company, subsidiary, or other affiliate, that either:

          • (i) Controls a domestic or foreign lender and has its principal place of business in this state. See Tennessee Code 45-2-1901

          • Domestic lender: means any bank, savings and loan association, savings bank, or credit union organized and supervised under the laws of this state or the United States, that has its principal place of business in this state or any other business organization that is authorized by law to accept deposits and make loans and has its principal place of business in this state. See Tennessee Code 45-2-1901
          • Donor: The person who makes a gift.
          • Electronic funds transfer: The transfer of money between accounts by consumer electronic systems-such as automated teller machines (ATMs) and electronic payment of bills-rather than by check or cash. (Wire transfers, checks, drafts, and paper instruments do not fall into this category.) Source: OCC
          • Embezzlement: In most states, embezzlement is defined as theft/larceny of assets (money or property) by a person in a position of trust or responsibility over those assets. Embezzlement typically occurs in the employment and corporate settings. Source: OCC
          • Entity: includes the following, whether foreign or domestic: LLCs. See Tennessee Code 48-202-101
          • Equitable: Pertaining to civil suits in "equity" rather than in "law." In English legal history, the courts of "law" could order the payment of damages and could afford no other remedy. See damages. A separate court of "equity" could order someone to do something or to cease to do something. See, e.g., injunction. In American jurisprudence, the federal courts have both legal and equitable power, but the distinction is still an important one. For example, a trial by jury is normally available in "law" cases but not in "equity" cases. Source: U.S. Courts
          • Escrow: Money given to a third party to be held for payment until certain conditions are met.
          • Evidence: Information presented in testimony or in documents that is used to persuade the fact finder (judge or jury) to decide the case for one side or the other.
          • Executor: includes an administrator, where the subject matter applies to an administrator. See Tennessee Code 1-3-105
          • Family affiliate: means a company or other entity in which one (1) or more family members, directly or indirectly, through ownership of voting securities or equity, by contract, through power of direction, through beneficial or other ownership in one (1) or more other entities, or otherwise:

            • (i) Owns a majority interest. See Tennessee Code 45-2-2001

            • Family client: means :

              • (i) A family member. See Tennessee Code 45-2-2001

              • Family member: means a designated ancestor and:

                • (i) An individual within the twelfth degree of lineal kinship of a designated ancestor. See Tennessee Code 45-2-2001

                • Family services provider: means :

                  • (i) A full-time employee of the private trust company. See Tennessee Code 45-2-2001

                  • Federal association: means a savings and loan association operating under the laws and regulations of the United States. See Tennessee Code 45-3-104
                  • Federal Deposit Insurance Corporation: A government corporation that insures the deposits of all national and state banks that are members of the Federal Reserve System. Source: OCC
                  • Federal Reserve System: The central bank of the United States. The Fed, as it is commonly called, regulates the U.S. monetary and financial system. The Federal Reserve System is composed of a central governmental agency in Washington, D.C. (the Board of Governors) and twelve regional Federal Reserve Banks in major cities throughout the United States. Source: OCC
                  • Fee: means a one-time, nonrecurring charge. See Tennessee Code 13-24-402
                  • Felony: A crime carrying a penalty of more than a year in prison.
                  • Fiduciary: A trustee, executor, or administrator.
                  • Financial exploitation: means the unlawful appropriation or use of an elderly or vulnerable adult's property, as defined in §. See Tennessee Code 45-2-1202
                  • Financial institution: means a thrift institution, commercial bank, or trust company. See Tennessee Code 45-3-104
                  • Financial service provider: means any of the following engaged in or transacting business in this state:

                    • (A) A state or national bank or trust company. See Tennessee Code 45-2-1202

                    • Financial transaction: means any of the following as applicable to the business or services provided by a financial service provider:

                      • (A) A transfer or request to transfer or disburse funds or assets in an account. See Tennessee Code 45-2-1202

                      • Fiscal year: The fiscal year is the accounting period for the government. For the federal government, this begins on October 1 and ends on September 30. The fiscal year is designated by the calendar year in which it ends; for example, fiscal year 2006 begins on October 1, 2005 and ends on September 30, 2006.
                      • Foreclosure: A legal process in which property that is collateral or security for a loan may be sold to help repay the loan when the loan is in default. Source: OCC
                      • Foreign bank: means a foreign bank, as defined in the International Banking Act of 1978 § 1(b)(7), codified in 12 U. See Tennessee Code 45-1-103
                      • Foreign lender: means any bank, savings and loan association, savings bank, credit union, organized or chartered under the laws of the United States, or any state other than this state, or the District of Columbia, that has its principal place of business outside this state, or any other business organization that is authorized by law to accept deposits and make commercial loans and has its principal place of business outside this state. See Tennessee Code 45-2-1901
                      • Foster child: means an individual raised or being raised by someone who is not the individual's natural or adoptive parent. See Tennessee Code 45-2-2001
                      • Fraud: Intentional deception resulting in injury to another.
                      • Gift: A voluntary transfer or conveyance of property without consideration, or for less than full and adequate consideration based on fair market value.
                      • Good faith: means honesty in fact in the conduct or transaction concerned. See Tennessee Code 45-1-103
                      • Guarantor: A party who agrees to be responsible for the payment of another party's debts should that party default. Source: OCC
                      • Guardian: A person legally empowered and charged with the duty of taking care of and managing the property of another person who because of age, intellect, or health, is incapable of managing his (her) own affairs.
                      • Highway: includes public bridges and may be held equivalent to the words "county way" "county road" or "state road". See Tennessee Code 1-3-105
                      • Historic district: means a property or area zoned as a historic district or zone pursuant to §. See Tennessee Code 13-24-402
                      • Holding company: means any company that controls a domestic or foreign lender. See Tennessee Code 45-2-1901
                      • Home: means a structure designed for residential use by not more than four (4) families or a single condominium unit, including common elements pertinent thereto, designed for residential use by one (1) family in a multiple dwelling unit structure or complex, and includes fixtures. See Tennessee Code 45-3-104
                      • Home office: means the principal place of business maintained by the association and so designated in its charter, at which all authorized business of the association may be transacted. See Tennessee Code 45-3-104
                      • Home property: means real estate on which there is located, or will be located, a home. See Tennessee Code 45-3-104
                      • Home state: means :

                        • (A) With respect to a national bank, the state in which the main office of the bank is located. See Tennessee Code 45-2-1402

                        • Home state: means :

                          • (A) With respect to a federally chartered trust institution and a foreign bank, the state in which the institution maintains its principal office. See Tennessee Code 45-1-103

                          • Home state regulator: means the bank supervisory agency with primary responsibility for chartering and supervising an out-of-state trust institution. See Tennessee Code 45-1-103
                          • Host state: means a state, other than the home state of a bank, in which the bank maintains or seeks to establish and maintain a branch. See Tennessee Code 45-2-1402
                          • Immediate family: means an individual's spouse or former spouse, any descendant of that individual, and any relative living in the same residence as that individual. See Tennessee Code 45-2-2001
                          • Impaired condition: means a condition in which the assets of an association in the aggregate do not equal the aggregate amount of its liabilities. See Tennessee Code 45-3-104
                          • Indemnification: In general, a collateral contract or assurance under which one person agrees to secure another person against either anticipated financial losses or potential adverse legal consequences. Source: FDIC
                          • Injunction: An order of the court prohibiting (or compelling) the performance of a specific act to prevent irreparable damage or injury.
                          • Inter vivos: Transfer of property from one living person to another living person.
                          • Interest: means that part of the net income, retained earnings, or surplus of an association that is payable to or credited to holders of deposit accounts. See Tennessee Code 45-3-104
                          • Interest date: means the effective date on which interest is payable to depositors on deposit accounts. See Tennessee Code 45-3-104
                          • Interest rate: The amount paid by a borrower to a lender in exchange for the use of the lender's money for a certain period of time. Interest is paid on loans or on debt instruments, such as notes or bonds, either at regular intervals or as part of a lump sum payment when the issue matures. Source: OCC
                          • Interim bank merger: means the technique by which a new bank charter is obtained solely for the purpose of merging an existing bank into the bank for which the charter is sought, or solely for the purpose of merging the bank for which the charter is sought into an existing bank. See Tennessee Code 45-2-1402
                          • Joint tenancy: A form of property ownership in which two or more parties hold an undivided interest in the same property that was conveyed under the same instrument at the same time. A joint tenant can sell his (her) interest but not dispose of it by will. Upon the death of a joint tenant, his (her) undivided interest is distributed among the surviving joint tenants.
                          • Jurisdiction: (1) The legal authority of a court to hear and decide a case. Concurrent jurisdiction exists when two courts have simultaneous responsibility for the same case. (2) The geographic area over which the court has authority to decide cases.
                          • Lands: includes lands, tenements and hereditaments, and all rights thereto and interests therein, equitable as well as legal. See Tennessee Code 1-3-105
                          • Law enforcement agency: means a district attorney general, municipal police department, county sheriff, the Tennessee bureau of investigation, United States attorney, FBI, secret service, or other federal law enforcement agency. See Tennessee Code 45-2-1202
                          • Lease: A contract transferring the use of property or occupancy of land, space, structures, or equipment in consideration of a payment (e.g., rent). Source: OCC
                          • Legatee: A beneficiary of a decedent
                          • Liabilities: The aggregate of all debts and other legal obligations of a particular person or legal entity.
                          • Lien: A claim against real or personal property in satisfaction of a debt.
                          • Lineal kinship: means the direct ancestors and descendants of an individual. See Tennessee Code 45-2-2001
                          • Liquid assets: means :

                            • (A) Cash on hand. See Tennessee Code 45-3-104

                            • Litigation: A case, controversy, or lawsuit. Participants (plaintiffs and defendants) in lawsuits are called litigants.
                            • LLC: means a limited liability company, foreign or domestic, organized under or subject to the Tennessee Limited Liability Company Act, compiled in chapters 201-248 of this title. See Tennessee Code 48-101-702
                            • Loan: means any extension of credit, including, but not limited to, credit extended under plans or in transactions for which no credit card is issued, whether by way of installment, single payment, add-on, discount factoring, or otherwise for personal, consumer, agricultural or commercial purposes. See Tennessee Code 45-2-1903
                            • Local authority: means an authority that is either a municipality, regardless of whether the municipality is a metropolitan government, or a county, and does not include an authority that is the state. See Tennessee Code 13-24-402
                            • Member: means a person holding a deposit account of a mutual association. See Tennessee Code 45-3-104
                            • Member: means a person reflected in the required records of an LLC as the owner of some governance rights of a membership interest of the LLC. See Tennessee Code 48-202-101
                            • Membership: means the rights and obligations a member has pursuant to a corporation's charter, bylaws and chapters 51-68 of this title. See Tennessee Code 48-51-201
                            • Merger: includes consolidation. See Tennessee Code 45-2-1301
                            • Merging bank: means a party to a merger. See Tennessee Code 45-2-1301
                            • Micro wireless facility: means a small wireless facility that:

                              • (A) Does not exceed twenty-four inches (24?) in length, fifteen inches (15?) in width, and twelve inches (12?) in height. See Tennessee Code 13-24-402

                              • Minor: means any person who has not attained eighteen (18) years of age. See Tennessee Code 1-3-105
                              • Misdemeanor: Usually a petty offense, a less serious crime than a felony, punishable by less than a year of confinement.
                              • Mobile home: means a dwelling designed for occupancy by a single family unit, which may be permanently affixed to real property, and is designed to be movable from one (1) location to another. See Tennessee Code 45-3-104
                              • Month: means a calendar month. See Tennessee Code 1-3-105
                              • Mortgage: The written agreement pledging property to a creditor as collateral for a loan.
                              • Mortgage loan: A loan made by a lender to a borrower for the financing of real property. Source: OCC
                              • Mutual association: means an association, the ownership of which rests in members, who receive interest on their deposit accounts, and who have the sole right to vote on all matters affecting the association. See Tennessee Code 45-3-104
                              • National bank: means a national banking association located in this state. See Tennessee Code 45-2-1301
                              • National Bank: A bank that is subject to the supervision of the Comptroller of the Currency. The Office of the Comptroller of the Currency is a bureau of the U.S. Treasury Department. A national bank can be recognized because it must have "national" or "national association" in its name. Source: OCC
                              • Net income: means gross revenues for an accounting period, less all interest and expenses paid or incurred, taxes, and losses sustained that have not been charged to any reserve accounts. See Tennessee Code 45-3-104
                              • Net worth: means the aggregate of all loan contracts of an association, plus the aggregate value of all other assets of the association, less the aggregate amount of deposit accounts of depositors, including interest credited to the accounts, and less any other liabilities of the association. See Tennessee Code 45-3-104
                              • new PSS: means a PSS that does not exist at the time the application is submitted, including, but not limited to, a PSS that will replace an existing pole. See Tennessee Code 13-24-402
                              • New trust office: means a trust office located in a host state that:

                                • (A) Is originally established by the trust institution as a trust office. See Tennessee Code 45-1-103

                                • nonprofit LLC: means a limited liability company:

                                  • (A) That is disregarded as an entity for federal income tax purposes. See Tennessee Code 48-101-702

                                  • Oath: includes affirmation. See Tennessee Code 1-3-105
                                  • Obligation: An order placed, contract awarded, service received, or similar transaction during a given period that will require payments during the same or a future period.
                                  • operating: means that:

                                    • (A) A charter has been issued to a bank by the United States comptroller of the currency or a certificate of authority has been issued by the commissioner. See Tennessee Code 45-1-103

                                    • Oversight: Committee review of the activities of a Federal agency or program.
                                    • Ownership interests: means membership interests in the case of an LLC, shares in the case of a corporation, partnership interests in the case of general or limited partnerships and the equivalent with respect to other entities. See Tennessee Code 48-202-101
                                    • Parent nonprofit corporation: means a nonprofit corporation that is the sole member of a nonprofit corporation. See Tennessee Code 48-101-702
                                    • Partnership: A voluntary contract between two or more persons to pool some or all of their assets into a business, with the agreement that there will be a proportional sharing of profits and losses.
                                    • Person: includes a corporation, firm, company or association. See Tennessee Code 1-3-105
                                    • Person: means an individual, corporation, firm, trust, estate, partnership, joint venture, or association. See Tennessee Code 45-1-103
                                    • Person: means an individual, firm, partnership, joint venture, trust, estate, unincorporated association, company, or corporation organized under the laws of this or any other state, the United States or foreign country. See Tennessee Code 45-3-104
                                    • Person: means an individual, corporation, limited liability company, partnership, association, trust, or other entity or organization, including an authority. See Tennessee Code 13-24-402
                                    • Personal property: includes money, goods, chattels, things in action, and evidences of debt. See Tennessee Code 1-3-105
                                    • Personal representative: when applied to those who represent a decedent, includes executors and administrators, unless the context implies heirs and distributees. See Tennessee Code 1-3-105
                                    • Power of attorney: A written instrument which authorizes one person to act as another's agent or attorney. The power of attorney may be for a definite, specific act, or it may be general in nature. The terms of the written power of attorney may specify when it will expire. If not, the power of attorney usually expires when the person granting it dies. Source: OCC
                                    • Primarily residential property: means real estate on which there is located, or will be located pursuant to a real estate loan, any of the following:

                                      • (A) A structure or structures designed or used primarily for residential rather than nonresidential purposes and consisting of more than one (1) dwelling unit. See Tennessee Code 45-3-104

                                      • Primary lending area: means any area within the territorial limits of this state or within a radius of one hundred (100) miles from the home office or branch of an association. See Tennessee Code 45-3-104
                                      • Probate: Proving a will
                                      • Proceeding: includes civil suit and criminal, administrative, and investigatory action. See Tennessee Code 48-202-101
                                      • Property: includes both personal and real property. See Tennessee Code 1-3-105
                                      • PSS: means a pole or other structure used for wireline communications, electric distribution, lighting, traffic control, signage, or a similar function, including poles installed solely for the colocation of a small wireless facility. See Tennessee Code 13-24-402
                                      • Qualifying organization: means a corporation, partnership, or other entity that at all times maintains an office in the state of Tennessee, at which it employs at least one hundred (100) persons residing in this state, and that is directly engaged in providing the following services, either for the qualifying organization or on behalf of other domestic or foreign lenders or credit card state banks:

                                        • (A) The distribution of credit cards or other devices designed and effective to access credit card accounts. See Tennessee Code 45-2-1901

                                        • Quorum: The number of legislators that must be present to do business.
                                        • Rate: means a recurring charge. See Tennessee Code 13-24-402
                                        • Real estate loan: means any loan or other obligation secured by a lien on real estate in any state held in fee or in a leasehold extending or renewable automatically for a period of at least ten (10) years beyond the date scheduled for the final principal payment of the loan or obligation, or any transactions out of which a lien or claim is created against the real estate, including, inter alia, the purchase of the real estate in fee by an association and the concurrent or immediate sale thereof on installment contract. See Tennessee Code 45-3-104
                                        • real property: include lands, tenements and hereditaments, and all rights thereto and interests therein, equitable as well as legal. See Tennessee Code 1-3-105
                                        • Record: means information that is inscribed on a tangible medium or that is stored in an electronic or other medium and is retrievable in a perceivable form. See Tennessee Code 1-3-105
                                        • Recourse: An arrangement in which a bank retains, in form or in substance, any credit risk directly or indirectly associated with an asset it has sold (in accordance with generally accepted accounting principles) that exceeds a pro rata share of the bank's claim on the asset. If a bank has no claim on an asset it has sold, then the retention of any credit risk is recourse. Source: FDIC
                                        • Reporter: Makes a record of court proceedings and prepares a transcript, and also publishes the court's opinions or decisions (in the courts of appeals).
                                        • Representative: when applied to those who represent a decedent, includes executors and administrators, unless the context implies heirs and distributees. See Tennessee Code 1-3-105
                                        • Residential dwelling: as used in this part , does not apply to factory-manufactured mobile homes constructed as a single self-contained unit and mounted on a single chassis, and as further defined in §. See Tennessee Code 13-24-201
                                        • Residential neighborhood: means an area within a local authority's geographic boundary that is zoned or otherwise designated by the local authority for general purposes as an area primarily used for single-family residences and does not include multiple commercial properties and is subject to speed limits and traffic controls consistent with residential areas. See Tennessee Code 13-24-402
                                        • Resulting bank: means the bank resulting from a merger or conversion. See Tennessee Code 45-2-1301
                                        • ROW: means the space, in, upon, above, along, across, and over all public streets, highways, avenues, roads, alleys, sidewalks, tunnels, viaducts, bridges, skywalks under the control of the authority, and any unrestricted public utility easement established, dedicated, platted, improved, or devoted for utility purposes and accepted as such public utility easement by the authority, but excluding lands other than streets that are owned by the authority. See Tennessee Code 13-24-402
                                        • Satellite office: means a facility that is operated ancillary to a home or branch office and that does not have more than one thousand (1,000) square feet of floor space nor more than four (4) teller stations. See Tennessee Code 45-3-104
                                        • Savings and loan association: includes a building and loan association, a federal or state savings and loan association, a federal savings bank, and any other financial institution, the accounts of which are insured by the federal savings and loan insurance corporation (FSLIC) or any successor of such corporation. See Tennessee Code 1-3-105
                                        • Savings association: means an association as defined and operating under chapter 3 of this title or under the laws of the United States. See Tennessee Code 45-1-103
                                        • Secretary: means the corporate officer to whom the bylaws or the board of directors has delegated responsibility under §. See Tennessee Code 48-11-201
                                        • Secretary of state: means the person who holds the office of secretary of state of Tennessee. See Tennessee Code 48-202-101
                                        • Service organization: means either a corporation, the majority of the capital stock of which is owned by one (1) or more associations, and that has the powers to engage in those activities of general service corporations in which federal associations may invest. See Tennessee Code 45-3-104
                                        • Settlement: Parties to a lawsuit resolve their difference without having a trial. Settlements often involve the payment of compensation by one party in satisfaction of the other party's claims.
                                        • signed: includes a mark, the name being written near the mark and witnessed, or any other symbol or methodology executed or adopted by a party with intention to authenticate a writing or record, regardless of being witnessed. See Tennessee Code 1-3-105
                                        • Small wireless facility: includes a micro wireless facility. See Tennessee Code 13-24-402
                                        • State: when applied to the different parts of the United States, includes the District of Columbia and the several territories of the United States. See Tennessee Code 1-3-105
                                        • State bank: means a bank chartered by this state. See Tennessee Code 45-2-1301
                                        • State bank: means any bank chartered by this state. See Tennessee Code 45-1-103
                                        • State trust company: means a corporation or limited liability company organized or reorganized under the Tennessee Banking Act, compiled in this chapter and chapter 2 of this title, whose purposes and powers are limited to fiduciary purposes and power, including a trust company previously organized under the laws of this state. See Tennessee Code 45-1-103
                                        • State trust institution: means a trust institution having its principal office in this state. See Tennessee Code 45-1-103
                                        • Statute: A law passed by a legislature.
                                        • 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
                                        • Subpoena: A command to a witness to appear and give testimony.
                                        • Subsidiary: means a corporation more than fifty percent (50%) of whose outstanding voting shares are owned by its parent and/or the parent's other wholly-owned subsidiaries. See Tennessee Code 48-11-201
                                        • Subsidiary nonprofit corporation: means a nonprofit corporation whose sole member is a nonprofit corporation. See Tennessee Code 48-101-702
                                        • Surplus: means the aggregate amount of the undistributed net income of an association held as undivided profits or unallocated reserves for general corporate purposes, and any paid-in surplus or initial undivided profits held by an association. See Tennessee Code 45-3-104
                                        • Tennessee bank holding company: means a bank or bank holding company for which Tennessee is the home state of the bank or company. See Tennessee Code 45-2-1402
                                        • Testimony: Evidence presented orally by witnesses during trials or before grand juries.
                                        • Thrift institution: means an association, a mutual savings bank, a cooperative bank, a homestead association, a credit union, a federal association, a small loan company, and any supervised thrift or residential financing institution of a substantially similar nature as determined by the commissioner. See Tennessee Code 45-3-104
                                        • Transact a trust business with the general public: means any sale, solicitation, arrangement, agreement, or transaction to provide fiduciary services as described in §. See Tennessee Code 45-2-2001
                                        • Trust account: A general term that covers all types of accounts in a trust department, such as estates, guardianships, and agencies. Source: OCC
                                        • Trust company: means a state trust company or any other company chartered to act as a fiduciary that is neither a depository institution nor a foreign bank. See Tennessee Code 45-1-103
                                        • Trust institution: means a depository institution, foreign bank, state bank or trust company authorized to act as a fiduciary. See Tennessee Code 45-1-103
                                        • Trust office: means an office, other than the principal office, at which a trust institution is authorized by the commissioner to act as a fiduciary. See Tennessee Code 45-1-103
                                        • Trustee: A person or institution holding and administering property in trust.
                                        • Unauthorized trust activity: means :

                                          • (A) A company, other than one identified in chapter 2, part 10 of this title, acting as a fiduciary within this state. See Tennessee Code 45-1-103

                                          • Uniform Commercial Code: A set of statutes enacted by the various states to provide consistency among the states' commercial laws. It includes negotiable instruments, sales, stock transfers, trust and warehouse receipts, and bills of lading. Source: OCC
                                          • United States: includes the District of Columbia and the several territories of the United States. See Tennessee Code 1-3-105
                                          • Vulnerable adult: means a person eighteen (18) years of age or older who, because of mental or physical dysfunction, is unable to fully manage the person's own resources, carry out all or a portion of the activities of daily living, or is unable to fully protect against neglect, exploitation, or hazardous or abusive situations without assistance from others. See Tennessee Code 45-2-1202
                                          • Wireless facility: includes small wireless facilities. See Tennessee Code 13-24-402
                                          • Wireless provider: means a person who provides wireless service. See Tennessee Code 13-24-402
                                          • Wireless services: means any service using licensed or unlicensed spectrum, including the use of WiFi, whether at a fixed location or mobile, provided to the public. See Tennessee Code 13-24-402
                                          • Wireline backhaul facility: means a communications facility used to transport communications services by wire from a wireless facility to a network. See Tennessee Code 13-24-402
                                          • Withdrawal value: means the amount paid to an association on a deposit account, plus interest credited thereto, less lawful deductions therefrom, as shown by the books of the association. See Tennessee Code 45-3-104
                                          • written: includes printing, typewriting, engraving, lithography, and any other mode of representing words and letters. See Tennessee Code 1-3-105
                                          • Year: means a calendar year, unless otherwise expressed. See Tennessee Code 1-3-105