{"data":{"id":"us-tn/tenn.-code-ann.-45-3-1506","jurisdiction":"us-tn","citation":"Tenn. Code Ann. § 45-3-1506","heading":"Ownership limitations - Statutory compliance","body":"No mutual savings and loan holding company other than a Tennessee mutual savings and loan holding company may control or own more than five percent (5%) of the voting shares or rights of any Tennessee association or Tennessee savings and loan holding company unless the mutual savings and loan holding company meets the requirements of a southern region savings and loan holding company as defined in § 45-3-1402 . Any acquisition of a Tennessee association (mutual or stock) or Tennessee savings and loan mutual holding company shall be governed by and meet the requirements of part 14 of this chapter.","path":["TN Code","Title 45","Chapter 3"],"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":"673ca70d9a96d7bd733516dcc815f35acbee8f1955e1e72ca570f8c14bf64500","source_id":"us-tn","stale":false,"prev":"us-tn/tenn.-code-ann.-45-3-1505","next":"us-tn/tenn.-code-ann.-45-3-1507"},"notice":"GroundRules: Original legal text. Not legal advice."}