Tennessee Code 56-21-110 – Deposits and investments – Borrowing of funds by officers or committee members prohibited – Director or officer not to take fees for making loans – Penalty
Current as of: 2024 | Check for updates
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Attorney's Note
Under the Tennessee Code, punishments for crimes depend on the classification. In the case of this section:Class | Prison | Fine |
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class C misdemeanor | up to 30 days | up to $50 |
Terms Used In Tennessee Code 56-21-110
- Gift: A voluntary transfer or conveyance of property without consideration, or for less than full and adequate consideration based on fair market value.