Loans to officers and directors

Compliance with the requirements of 12 U.S.C. §§ 375a , 375b , and 1828(j) and applicable federal regulations shall be deemed compliance with the laws of Tennessee concerning loans to directors and officers of state banks. Acts 1969, ch. 36, § 1 (3.241); 1973, ch. 294, § 6; T.C.A., § 45-430; Acts 1989, ch. 591, § 1; 2001, ch. 54, § 19. Compliance with the requirements of 12 U.S.C. §§ 375a , 375b , and 1828(j) and applicable federal regulations shall be deemed compliance with the laws of Tennessee concerning loans to directors and officers of state banks. Acts 1969, ch. 36, § 1 (3.241); 1973, ch. 294, § 6; T.C.A., § 45-430; Acts 1989, ch. 591, § 1; 2001, ch. 54, § 19.