TN SB2243

Legislative Description

As enacted, broadens the definition of financial institution to include a trust company and institutions that are organized under the laws of other states for purposes of conversion of charter and resulting institutions; requires a financial institution that results from a conversion to have its principal place of business in this state. - Amends TCA Title 45, Chapter 1; Title 45, Chapter 11 and Title 45, Chapter 2.

Banks and Financial Institutions

Last Action

Committee Referrals