(a) The commissioner shall report to the governor annually within sixty (60) days after the end of each calendar year. The report shall include:

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Terms Used In Tennessee Code 45-1-119

  • 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
  • Department: means the department of financial institutions. See Tennessee Code 45-1-103
  • Liabilities: The aggregate of all debts and other legal obligations of a particular person or legal entity.
  • 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
  • Year: means a calendar year, unless otherwise expressed. See Tennessee Code 1-3-105
(1) The text of all rules of the department of general application adopted or altered since the commissioner’s last previous report;
(2) Recommendations for legislation;
(3) A statement of the status and remaining assets and liabilities of all banking organizations in the possession of the commissioner;
(4) A summary of all changes occurring since the commissioner’s last previous report by reason of opening new state banks, mergers and conversions, increases and decreases in capital and the like; and
(5) A combined statement of condition of all state banks as of the date of the most recent reports of condition rendered to the commissioner, and reference to the availability in the commissioner’s office of the statements of condition of each state bank, as of the date of the most recent reports to the commissioner.
(b) Copies of the last annual report not previously so submitted shall be available to the general assembly at the opening of each regular session.
(c) The annual report of the commissioner may be published on the order of the governor, if the governor deems the report to be of sufficient importance to the public.
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