45-2-609 - Sale of assets in ordinary course.

45-2-609. Sale of assets in ordinary course.

A bank may sell any asset in the ordinary course of business, but the sale of all or substantially all of the assets of a bank shall entitle dissenting shareholders to the rights provided by § 45-2-1309.

[Acts 1969, ch. 36, § 1 (3.244); T.C.A., § 45-438.]