{"data":{"id":"us-tn/tenn.-code-ann.-45-2-1313","jurisdiction":"us-tn","citation":"Tenn. Code Ann. § 45-2-1313","heading":"Merger of bank in financial difficulty","body":"(a) If a bank is determined to be in financial difficulty by the appropriate regulatory officials, as defined in § 45-2-1402 , it may be merged into any other bank in this state, notwithstanding §§ 45-2-614 and 45-2-1302(a) .\n(b) The merger procedure shall be the same as that procedure required for a regular merger pursuant to this part except that no notice by publication need be given.\n(c) Prior to approving a merger pursuant to this section, the appropriate regulatory officials shall determine that alternative methods of protecting the depositors and stockholders of a bank in financial difficulty are not feasible.","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":"9b3eb255ff5f012b48a21944d1526dbad647500e24cba3f55b060abd8b0264c2","source_id":"us-tn","stale":false,"prev":"us-tn/tenn.-code-ann.-45-2-1311","next":"us-tn/tenn.-code-ann.-45-2-1314"},"notice":"GroundRules: Original legal text. Not legal advice."}