Tenn. Code § 45-3-207

Current through Acts 2023-2024, ch. 1069

Section 45-3-207 - Completion of organization

Upon filing by the secretary of state, the directors elected during the period of interim organization shall proceed to:

(1) Approve and adopt the charter and bylaws;

(2) Elect officers pursuant to the bylaws;

(3) Take action necessary to effect the insurance of the deposit accounts of the association; and

(4) Take other action that may be necessary to complete the organization.

T.C.A. § 45-3-207

Acts 1978, ch. 708, § 1.21; T.C.A., § 45-1321.