Tenn. Code Ann. § 43-16-128
Common stock not to be transferred to persons not engaged in agricultural production
RepealedYear: 2026Length: 120 words
The bylaws shall prohibit the transfer of the common stock of the association to persons not engaged in the production of agricultural products handled by the association; and such restrictions must be printed upon every certificate of stock subject to the restrictions. Acts 1923, ch. 100, § 15; Shan. Supp., § 2534a53; Code 1932, §3811; T.C.A. (orig. ed.), § 43-1829.
The bylaws shall prohibit the transfer of the common stock of the association to persons not engaged in the production of agricultural products handled by the association; and such restrictions must be printed upon every certificate of stock subject to the restrictions.
Acts 1923, ch. 100, § 15; Shan. Supp., § 2534a53; Code 1932, §3811; T.C.A. (orig. ed.), § 43-1829.