2021 Tennessee Code
Part 2 - Tennessee Business Combination Act
§ 48-103-205. Business Combination Prohibited for Five-Year Period — Exceptions

Notwithstanding any other applicable provisions which may be contained in the Tennessee Business Corporation Act, compiled in Chapters 11 27 of this title, or other Tennessee statutes to the contrary, no resident domestic corporation shall engage in any business combination, or vote, consent, or otherwise act to authorize a subsidiary of the resident domestic corporation to engage in any business combination, with, with respect to, proposed by or on behalf of, or pursuant to any agreement, arrangement or understanding (whether or not in writing) with any interested shareholder of such resident domestic corporation or any affiliate or associate of such interested shareholder for a period of five (5) years following such interested shareholder's share acquisition date unless:

Structure 2021 Tennessee Code