{"data":{"id":"us-tn/tenn.-code-ann.-45-2-1019","jurisdiction":"us-tn","citation":"Tenn. Code Ann. § 45-2-1019","heading":"Pledge of assets","body":"(a) A state trust company may not pledge or create a lien on any of its assets except: (1) To secure the repayment of money borrowed; (2) As specifically authorized or required by § 45-2-611 ; or (3) By rules adopted under this chapter. (b) An act, deed, conveyance, pledge, or contract in violation of this section is void. Acts 1999, ch. 112, § 10.\n(a) A state trust company may not pledge or create a lien on any of its assets except: (1) To secure the repayment of money borrowed; (2) As specifically authorized or required by § 45-2-611 ; or (3) By rules adopted under this chapter.\n(1) To secure the repayment of money borrowed;\n(2) As specifically authorized or required by § 45-2-611 ; or\n(3) By rules adopted under this chapter.\n(b) An act, deed, conveyance, pledge, or contract in violation of this section is void.","path":["TN Code","Title 45","Chapter 2"],"source_url":"https://oss-data-us.vaquill.ai/v2026.08/us_tn_statutes.parquet","current_through":"2026-08-14","vintage":"open-us-law v2026.08, retrieved 2026-09-14","retrieved_at":"2026-09-14T18:32:26Z","sha256":"cfcff01cae50253d469a8b57f31ad2d089cc5b2295f6c5ecbcd8fd0626b21e8e","source_id":"us-tn","stale":false,"prev":"us-tn/tenn.-code-ann.-45-2-1018","next":"us-tn/tenn.-code-ann.-45-2-1020"},"notice":"GroundRules: Original legal text. Not legal advice."}