§ 45-4-1201 Corporation created – Articles of incorporation
§ 45-4-1202 Purposes
§ 45-4-1203 Powers
§ 45-4-1204 Use of name exclusive
§ 45-4-1205 Amendments to articles of incorporation
§ 45-4-1206 Bylaws
§ 45-4-1207 Membership – State credit unions, federal credit unions and foreign credit unions
§ 45-4-1208 Primary shares – Dividends – Withdrawing credit unions
§ 45-4-1209 Directors
§ 45-4-1210 Supervision by commissioner of financial institutions – Fee
§ 45-4-1211 Tax status of corporation – Status of its bonds and other obligations
§ 45-4-1212 Exemption from share and deposit insurance
§ 45-4-1213 Exemption from annual meetings and reserves

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Terms Used In Tennessee Code > Title 45 > Chapter 4 > Part 12 - Volunteer Corporate Credit Union

  • 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.
  • Assets: (1) The property comprising the estate of a deceased person, or (2) the property in a trust account.
  • 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
  • Commissioner: means the commissioner of financial institutions. See Tennessee Code 45-1-103
  • 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.
  • Mortgage: The written agreement pledging property to a creditor as collateral for a loan.
  • Property: includes both personal and real property. See Tennessee Code 1-3-105
  • 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accounts of which are insured by the [former] federal savings and loan insurance corporation (FSLIC) or any successor [repealed] of such corporation. See Tennessee Code 1-3-105
  • 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
  • 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
  • United States: includes the District of Columbia and the several territories of the United States. See Tennessee Code 1-3-105