Except as otherwise expressly permitted by this chapter, it is a Class B misdemeanor for an association, directly or indirectly, to pay a fine or penalty imposed by law upon any other person or any judgment against the person, or to reimburse, directly or indirectly, any person by whom the fine, penalty, or judgment has been paid, except in settlement of its own liability or in connection with the acquisition of property against which the judgment is a lien.
Structure 2021 Tennessee Code
Title 45 - Banks and Financial Institutions
Chapter 3 - Savings and Loan Associations
§ 45-3-1305. Unlawful Payments of Penalties and Judgments
§ 45-3-1308. Unlawful Disclosure of Information
§ 45-3-1309. Director Acting to Detriment of Association
§ 45-3-1310. Appropriation of Property and False Entries
§ 45-3-1311. Defamation of Business Reputation
§ 45-3-1312. Commissioner to Submit Violations to District Attorney General