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TENNESSEE STATUTES AND CODES
45-2-217 - Operation before receiving certificate of authority prohibited.
45-2-217. Operation before receiving certificate of authority prohibited.
It is a criminal offense against this chapter and chapter 1 of this title for a state bank to perform any act other than to perfect its organization, obtain and equip a place of business and otherwise prepare to do business before receiving a certificate of authority to operate.
[Acts 1969, ch. 36, § 1 (3.312); T.C.A., § 45-217.]
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