US Lawyer Database

§ 45-2-104. Equality of Taxation

Except for taxes on property and the banking fees provided by law, no tax levied by this state, whether privilege, excise, franchise, sales or otherwise, shall be levied upon or be applicable to any bank chartered under the laws of this state, unless and until the same tax may be legally levied upon and be […]

§ 45-2-105. Exemption of Nonprofit General Welfare Corporations

The commissioner may exempt a trust company from any requirement of this chapter or chapter 1 of this title or the rules of the department that would threaten the viability of the corporation, including, but not limited to, capitalization requirements, fees, and procedures that are not essential to the protection of the interests of the […]

§ 45-2-107. Acquisition, Formation or Control of Banks and Savings Institutions

As used in this subsection (a), unless the context otherwise requires: “Bank” means any company that accepts deposits in Tennessee that are eligible for insurance under  the Federal Deposit Insurance Act (12 U.S.C. § 1811 et seq.); “Bank holding company” means any company that is a bank holding company (12 U.S.C. § 1841 et seq.); […]