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.
Structure 2021 Tennessee Code
Title 45 - Banks and Financial Institutions
Chapter 2 - Banking Institutions
Part 2 - Organization of Banks
§ 45-2-206. Subscription Calls
§ 45-2-212. Application for Certificate of Authority — Contents
§ 45-2-214. Time for Approval or Denial of Application — Conditions for Approval
§ 45-2-217. Operation Before Receiving Certificate of Authority Prohibited
§ 45-2-219. Charter Null and Void on Ceasing Business — Definition