45-3-205 - Requirements for charter and bylaws.

45-3-205. Requirements for charter and bylaws.

The proposed charter and bylaws of the association adopted at the meeting of subscribers shall contain those provisions required of charters and bylaws under the Tennessee Business Corporation Act, compiled in title 48, chapters 11-27, as well as other information that the commissioner may, by regulation, prescribe, including, but not limited to, a statement in the charter that the association is organized under this chapter.

[Acts 1978, ch. 708, § 1.19; T.C.A., § 45-1319; Acts 1994, ch. 551, § 19.]