{"data":{"id":"us-tn/tenn.-code-ann.-56-21-108","jurisdiction":"us-tn","citation":"Tenn. Code Ann. § 56-21-108","heading":"Withdrawal of guaranty capital or securities by guarantor","body":"(a) A guarantor desiring to surrender the guarantor's shares and withdraw the guaranty capital or securities may do so by giving the company ninety (90) days' written notice to that effect; provided, that the withdrawal does not impair the company's guaranty capital below nine hundred fifty thousand dollars ($950,000).\n(b) The increase in the minimum amount of guaranty capital provided by the 1969 amendment does not apply to companies qualified and authorized prior to May 7, 1969.","path":["TN Code","Title 56","Chapter 21"],"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":"c263b9c20ffae8a80dddbdb356690756c024f9d07bd037a27850cdaa460284df","source_id":"us-tn","stale":false,"prev":"us-tn/tenn.-code-ann.-56-21-107","next":"us-tn/tenn.-code-ann.-56-21-109"},"notice":"GroundRules: Original legal text. Not legal advice."}
