Tenn. Comp. R. & Regs. 1195-01-.04 - AMENDMENT OF CHARTER

(1) Application must be made to amend a charter in the following instance not amounting to a transfer:

(a) Change in the name of chartered market;

(b) Change in persons having a financial interest in a charter holder from that which appears in the application;

(c) Incorporation of a charter holder;

(d) Dissolution of a corporate charter holder;

(e) Bankruptcy or insolvency of a person having a financial interest in a charter holder.

(2) Applications for amendment of a charter shall be made by letter to the commissioner at his offices in Nashville detailing the reason for the application. The commissioner shall forward copies of the application to each board member, and thereafter, if he finds the application to be in order, he shall issue an amended charter and shall supplement information on rile maintained in reference thereto.

Notes

Tenn. Comp. R. & Regs. 1195-01-.04

Original rule filed June 20, 1979,- effective September 26, 1979,

Authority: T.C.A. § 44-12-107.