State banks under the supervision of the department of financial institutions shall be authorized to purchase stock in a small business investment company in the same manner and subject to the same restrictions and limitations as national banks under the Small Business Investment Act of 1958, Public Law 85-699, 85th Congress, second session, 72 Stat. 689 (15 U.S.C. § 661 et seq.), including any amendments thereto hereafter adopted.
Structure 2021 Tennessee Code
Title 45 - Banks and Financial Institutions
Chapter 8 - Small Business Investment Development
Part 1 - Small Business Investment Companies
§ 45-8-101. Functions and Powers — Supervision
§ 45-8-102. Purchase of Stock by State Banks Authorized
§ 45-8-103. Purchase of Companies' Negotiable Obligations by Authorized Companies