No association by any system of accounting or any device of bookkeeping shall, either directly or indirectly, enter any of its assets upon its books in the name of any other person or under any title or designation that is not truly descriptive of the assets.
Structure 2021 Tennessee Code
Title 45 - Banks and Financial Institutions
Chapter 3 - Savings and Loan Associations
§ 45-3-801. Supervision of Associations
§ 45-3-803. Forms — Records — Accounting Practices
§ 45-3-804. Misdescription of Assets
§ 45-3-805. Charging Off or Setting Up Reserves Against Bad Assets
§ 45-3-806. Reproduction and Destruction of Records
§ 45-3-813. Commissioner Authorized to Have Appraisals Made at Expense of Association
§ 45-3-815. Access to Records — Summons — Oaths and Examination of Witnesses
§ 45-3-816. Additional Supervisory Powers
§ 45-3-818. Commissioner May Order Any Association to Discontinue Any Illegal Practice
§ 45-3-819. Removal of Directors, Officers, and Employees Participating in Violations