0180-15-.04
Notices
Cite as Tenn. Comp. R. & Regs. 0180-15-.04
(1)
Any out-of-state holding company, a Tennessee holding company, or out-of-state or in-state
financial institution, seeking to acquire, directly or indirectly, a Tennessee state-chartered
financial institution shall publish notice of such acquisition if the Tennessee state-chartered
RULES PERTAINING TO ACQUISITIONS OF FINANCIAL
CHAPTER 0180-15
INSTITUTIONS AND HOLDING COMPANIES
institution will remain a Tennessee state-chartered institution immediately after the
acquisition. The notice shall be published one time in a newspaper of general circulation in
each county in which the acquiring institution and the Tennessee state-chartered financial
institution have their main office, commencing the week the application is accepted by the
commissioner as officially filed.
(2)
The notice, proof of which shall be submitted to the commissioner, shall specify;
(a)
The name of the acquirer and the entity being acquired;
(b)
A brief description of the transaction; and
(c)
The following statement:
“Any person wishing to comment on this application may file comments in writing with
the Commissioner of Financial Institutions, Tennessee Tower, 26th Floor, 312 Rosa L.
Parks Avenue, Nashville, Tennessee 37243. Anyone desiring to protest this application
may do so if such protest is filed in writing within fifteen (15) days of this publication.”