{"data":{"id":"us-tn/tenn.-code-ann.-56-15-101","jurisdiction":"us-tn","citation":"Tenn. Code Ann. § 56-15-101","heading":"General powers - Right to become sureties - Banking business prohibited","body":"Fidelity or bonding corporations have the power to execute as surety, and guarantee the performance of:\n(1) All bonds, stipulations, or undertakings conditioned for the faithful performance of any duty, public or private, including the bonds and obligations of such a character, as well of private individuals as of public officers, whether state, county, or municipal;\n(2) All bonds and obligations required to be executed in the course of judicial proceedings in any of the courts of the state; and\n(3) All bonds of administrators, executors, guardians and trustees, and of all persons acting in a fiduciary capacity, whether acting under the authority of any court of this state, or by virtue of a deed, will or other instrument executed by a private individual or corporation, or by virtue of any appointment to any position of trust or confidence by any private individual or corporation; provided, that no fidelity or bonding company shall receive deposits subject to check, or do a general banking business. A fidelity or bonding company that receives deposits subject to check, or does a general banking business commits a Class C misdemeanor.","path":["TN Code","Title 56","Chapter 15"],"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":"f202753c30ce3f4cf3c28989ec4421e8a905ae67c3b429ffd51c5f5ec11da24c","source_id":"us-tn","stale":false,"prev":"us-tn/tenn.-code-ann.-56-14-117","next":"us-tn/tenn.-code-ann.-56-15-102"},"notice":"GroundRules: Original legal text. Not legal advice."}