{"data":{"id":"us-tn/tenn.-code-ann.-45-5-605","jurisdiction":"us-tn","citation":"Tenn. Code Ann. § 45-5-605","heading":"Issuance of thrift certificates","body":"An industrial bank shall not issue thrift certificates until and unless:\n(1) It is qualified for federal deposit insurance and its thrift certificates are insured by the federal deposit insurance corporation;\n(2) It has filed the forms, documents and receipts to be used by it in the offering and sale of the thrift certificates with the commissioner; and\n(3) It has complied with all rules and orders of the commissioner governing the issuance of the thrift certificates by it.","path":["TN Code","Title 45","Chapter 5"],"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":"f26e32e4ddfd717ab43e48fe9eaa1533cfc3eca88c2d7454590ba5c5a701f840","source_id":"us-tn","stale":false,"prev":"us-tn/tenn.-code-ann.-45-5-604","next":"us-tn/tenn.-code-ann.-45-5-606"},"notice":"GroundRules: Original legal text. Not legal advice."}