45-2-1301 - Part definitions.
45-2-1301. Part definitions.
As used in this part, unless the context otherwise requires:
(1) Bank means a state or a national bank;
(2) Continuing bank means a merging bank the charter of which becomes the charter of the resulting bank;
(3) Converting bank means a bank converting from a state to a national bank, or the reverse;
(4) Merger includes consolidation;
(5) Merging bank means a party to a merger;
(6) National bank means a national banking association located in this state;
(7) Resulting bank means the bank resulting from a merger or conversion; and
(8) State bank means a bank chartered by this state.
[Acts 1969, ch. 36, § 1 (3.401); T.C.A., § 45-601.]