Tenn. Code Ann. § 15-1-104
This is the official text of Tenn. Code Ann. § 15-1-104, part of Tennessee’s Code Ann — part of the compiled statutory law of Tennessee, published by the state as "Code Ann." Browse the sections below, each linked to its official government source.
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Banks - Optional suspension of Wednesday, Thursday, or Saturday morning business
Official statutory text
Every corporation, firm or individual doing a banking business in this state has the privilege and option to suspend business activities completely or partially on Wednesday, Thursday or Saturday mornings of each week and shall not incur any liability for failure then to exercise all of the lawful functions authorized by law; provided, that nothing herein shall be construed to compel any corporation, firm or individual doing a banking business in this state to suspend lawful functions on Wednesday, Thursday or Saturday mornings of each week. Acts 1949, ch. 187, § 1; C. Supp. 1950, § 7521.2; Acts 1953, ch. 175, § 1; T.C.A. (orig. ed.), § 55-104.
Every corporation, firm or individual doing a banking business in this state has the privilege and option to suspend business activities completely or partially on Wednesday, Thursday or Saturday mornings of each week and shall not incur any liability for failure then to exercise all of the lawful functions authorized by law; provided, that nothing herein shall be construed to compel any corporation, firm or individual doing a banking business in this state to suspend lawful functions on Wednesday, Thursday or Saturday mornings of each week.
Acts 1949, ch. 187, § 1; C. Supp. 1950, § 7521.2; Acts 1953, ch. 175, § 1; T.C.A. (orig. ed.), § 55-104.
Every corporation, firm or individual doing a banking business in this state has the privilege and option to suspend business activities completely or partially on Wednesday, Thursday or Saturday mornings of each week and shall not incur any liability for failure then to exercise all of the lawful functions authorized by law; provided, that nothing herein shall be construed to compel any corporation, firm or individual doing a banking business in this state to suspend lawful functions on Wednesday, Thursday or Saturday mornings of each week.
Acts 1949, ch. 187, § 1; C. Supp. 1950, § 7521.2; Acts 1953, ch. 175, § 1; T.C.A. (orig. ed.), § 55-104.
Status: in_force
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