Tennessee · Snapshot open-us-law v2026.08, retrieved 2026-09-14

Tenn. Code Ann. § 48-101-115: Limit on total obligations

Where this section sits in the code

TN Code
Title 48
Chapter 101

At no time shall the total obligations of such corporation exceed ten (10) times the amount of its paid-in capital and surplus, not including therein the earned surplus.

Collected 2026-09-14T18:32:26Z. Source file · JSON

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