{"data":{"id":"us-tn/tenn.-code-ann.-59-13-123","jurisdiction":"us-tn","citation":"Tenn. Code Ann. § 59-13-123","heading":"Conditions of issuing stock","body":"No association shall issue stock to a member until it has been fully paid for. The promissory notes of the members may be accepted by the association as full or partial payment. The association shall hold the stock as security for the payment of the note, but such retention as security shall not affect the member's right to vote.","path":["TN Code","Title 59","Chapter 13"],"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":"5ddfe9e5c9ddf3d39a699b263b035c5952cb31df5e8edbd3893df564c1701abe","source_id":"us-tn","stale":false,"prev":"us-tn/tenn.-code-ann.-59-13-122","next":"us-tn/tenn.-code-ann.-59-13-124"},"notice":"GroundRules: Original legal text. Not legal advice."}