Tennessee Code 43-16-122 – Bonds – Of whom required
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Terms Used In Tennessee Code 43-16-122
- Association: means any corporation organized under this chapter. See Tennessee Code 43-16-103
- Person: includes an individual, firm, partnership, corporation, and association. See Tennessee Code 43-16-103
- Property: includes both personal and real property. See Tennessee Code 1-3-105
Every officer, employee, and agent handling funds or negotiable instruments or property of or for any association created under this chapter shall be required to execute and deliver adequate bond for the faithful performance of that person‘s duties and obligations.