Skip to main content
CourtGPT logoCourtGPT
Directory
Law
For Attorneys
Blog
AppointmentsSign InSign Up
Section 45-4-401 - Premiums for shares prohibited — Tennessee Law | CourtGPT
  1. Home/
  2. Laws/
  3. Tennessee/
  4. Title 45 - Banks and Financial Institutions/
  5. Chapter 4 - Credit Unions/
  6. Part 4 - Shares/
  7. Section 45-4-401 - Premiums for shares prohibited
Tennessee Legal Code

Section 45-4-401 - Premiums for shares prohibited

Ask AI about this
Credit union shares shall in no event be sold at a premium by any credit union to its members.Acts 1931, ch. 67, § 1; C. Supp. 1950, § 3849; Acts 1979, ch. 86, § 6; T.C.A. (orig. ed.), § 45-1817.