After the applicant has received notification from the commissioner that the application for charter has been approved and subscription proceeds have been accepted and collected for at least the minimum capital of the proposed state bank as required by the commissioner, the proposed state bank shall file a request with the commissioner for the issuance of a certificate of authority, which request shall contain:

(1) A statement that the capital and surplus have been paid in;

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Terms Used In Tennessee Code 45-2-212

  • 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
  • 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
  • State bank: means any bank chartered by this state. See Tennessee Code 45-1-103
  • Subscription: includes a mark, the name being written near the mark and witnessed. See Tennessee Code 1-3-105
(2) The name and address of each stockholder and the number of shares held by the stockholders; and
(3) Any other information that the commissioner may require to enable the commissioner to determine whether authority to commence business should be issued.