Tenn. Code Ann. §§ 48-61-101 through 48-61-123. Chapter definitions: Mergers, Membership Exchanges, Entity Conversions, and For-Profit Conversions – Tennessee
Status: EnactedYear Enacted: 2014
File: Download
Provides requirements and processes for mergers, membership exchanges, entity conversions, and for-profit conversions. Carves out limitations on entities with which a public benefit corporation may be a party to a merger, membership exchange, entity conversion or for-profit conversion transaction, which is required to provide notice to attorney general of intent to consummate any merger, membership exchange, or conversions.
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