Where a resulting state bank is not to exercise trust powers, the commissioner shall not approve a merger or conversion until satisfied that adequate provision has been made for successors to fiduciary positions held by the merging banks or the converting bank.
Structure 2021 Tennessee Code
Title 45 - Banks and Financial Institutions
Chapter 2 - Banking Institutions
Part 13 - Voluntary Corporate Changes
§ 45-2-1309. Dissenting Stockholders
§ 45-2-1310. Resulting Bank Without Trust Powers
§ 45-2-1311. Nonconforming Assets or Business
§ 45-2-1315. Review of Exchange by Commissioner — Hearings — Costs