reglab/housing_qa huggingface dataset:
TN Code § 45-3-517 (2021)
2021 Tennessee Code|Title 45 - Banks and Financial Institutions|Chapter 3 - Savings and Loan Associations|Part 5 - Accounts|§ 45-3-517. Lien on Accounts

  Any association shall have a lien, without further agreement or pledge, upon all accounts owned by any depositor to whom or on whose behalf the association has made an advance of money by loan or otherwise.    Upon the default in the repayment or satisfaction thereof, the association may, after giving ten (10) days' written notice to the depositor, cancel on its books all or any part of the accounts owned by the depositor and apply the value of the accounts in payment on account of the obligation. After the ten-day notice is given, the depositor may withdraw only the funds that are in excess of the amount of the lien.   The depositor shall have thirty (30) days after receipt of the notice within which to object in writing to the validity of the lien. If the depositor objects within that period, the association must, within sixty (60) days after the date of receipt by the association of the objection, file a legal action to enforce the lien and shall be entitled to collect the reasonable expense of the action, including attorney fees.     An association may by written instrument waive its lien in whole or in part on any account.   Any association may accept a pledge of an account or accounts of the association owned by a depositor other than the borrower as additional security for any loan secured by an account or by real estate, or by both.
TN Code § 45-3-518 (2021)
2021 Tennessee Code|Title 45 - Banks and Financial Institutions|Chapter 3 - Savings and Loan Associations|Part 5 - Accounts|§ 45-3-518. Interest on Accounts

  An association may pay interest on its deposit accounts from sources available for payment of interest at the rate or rates and at the times and for the time that is determined by resolution of its board of directors. Interest shall be declared on the withdrawal value of each account at the beginning of the accounting period, plus additions to the account made during the period, less amounts previously withdrawn and noticed for withdrawal, which for interest purposes shall be deducted from the latest previous additions to the account, computed at the declared rate for the time the funds have been invested, determined as next provided. The date of investment shall be the date of actual receipt by the association of an account or an addition to an account, except that if the board of directors shall so determine, accounts in one (1) or more classifications or additions thereto received by the association on or before a date not later than the fifteenth day of the month, unless the day determined is not a business day, shall receive interest as if invested on the first day of the month in which the payments were received, and the board also may determine that payments received subsequent to the determination date shall either:  Receive interest as if invested on the first day of the next succeeding month; or   Receive interest from the date of actual receipt by the association.     Notwithstanding this section, the board of directors, by resolution, may determine that interest shall not be paid on any account that has a withdrawal value of a specified amount less than ten dollars ($10.00).   The directors shall determine by resolution the method of calculating the amount of any interest on accounts as herein provided, and the time or times when interest is to be declared, paid or credited.   Notwithstanding any of the foregoing provisions of this section, the commissioner is empowered to promulgate rules and regulations with respect to the payment of interest on deposit accounts, including, but not limited to, rules and regulations concerning the types of deposit accounts that may be offered by associations to depositors and the maximum rates of interest that shall be paid to depositors on each type of deposit account.
TN Code § 45-3-519 (2021)
2021 Tennessee Code|Title 45 - Banks and Financial Institutions|Chapter 3 - Savings and Loan Associations|Part 5 - Accounts|§ 45-3-519. Withdrawal

  Except for accounts that provide for a specified contractual time or notice before withdrawal or are subject to a pledge, a depositor may at any time present a written order for withdrawal of all or any part of the depositor's account.   Every association shall either pay, or shall number, date, and file in the order of actual receipt every withdrawal order.   Withdrawals shall be made in the order of actual receipt of orders except as otherwise provided by this chapter or by regulation of the commissioner.   Upon order, an association shall pay the amount of the withdrawal order or the withdrawal value of the account; provided, that the association shall not be required to honor any withdrawal order that exceeds the withdrawal value of the account.   The commissioner shall by regulation establish the rules and procedures to apply in the event the association is unable to pay immediately all orders for withdrawal as made, including a rotation plan or any other plan for equitable payment of withdrawals, the payment in full of accounts of less than a specified amount and the application of receipts to withdrawals.   The commissioner may prescribe the circumstances and conditions under which the failure of the association to pay withdrawals as applied for shall be deemed the conduct of its business in an unsound or imprudent manner so as to empower the commissioner to take possession of an association or to take other remedial action as provided by this chapter.
TN Code § 45-3-520 (2021)
2021 Tennessee Code|Title 45 - Banks and Financial Institutions|Chapter 3 - Savings and Loan Associations|Part 5 - Accounts|§ 45-3-520. Redemption of Accounts

  At any time funds are on hand for the purpose, the association shall have the right to redeem by lot or otherwise, as the board of directors may determine, all or any part of any of its deposit accounts on an interest date by giving thirty (30) days' notice by registered mail addressed to each affected depositor at the depositor's last address as recorded on the books of the association.    No association shall redeem any of its accounts when the association is in an impaired condition or when it has any delinquent applications for withdrawal on file that have not been paid in full.   The redemption price of an account shall be the withdrawal value of the account redeemed, or such greater price as determined by the board of directors.   If the  notice of redemption has been duly given, and if on or before the redemption date the funds necessary for the redemption has been set aside so as to be and continue to be available therefor, interest upon the accounts called for redemption shall cease to accrue from and after the interest date specified as the redemption date, and all rights with respect to the accounts shall immediately, after the redemption date, terminate, except only any right of depositors of record to receive the redemption price without additional accrual of interest after the redemption date.     All account books or other evidence of deposit accounts that have been validly called for redemption must be tendered for payment within seven (7) years from the date of redemption designated in the redemption notice; otherwise, they shall be cancelled, the funds set aside for the accounts shall become the property of the association, and all claims of the former depositors against the association shall be barred forever.
TN Code § 45-3-521 (2021)
2021 Tennessee Code|Title 45 - Banks and Financial Institutions|Chapter 3 - Savings and Loan Associations|Part 5 - Accounts|§ 45-3-521. Statute of Limitations on Accounts

  All claims shall be barred in this state on any inactive account; provided, that at least sixty (60) days before the claim becomes barred, the association shall mail by registered or certified mail a notice of the imminent barring of all claims to the depositor at the depositor's last known address.    For the purposes of this section, “inactive account” means an account with respect to which there has been an absence for at least seven (7) years of:  Additions to the account other than creditings of interest;   Withdrawals from the account; and   Written communication from the depositor.     In the case of an account that provides for a specified contractual time, the seven (7) years shall commence on the maturity date of the account.
TN Code § 45-3-522 (2021)
2021 Tennessee Code|Title 45 - Banks and Financial Institutions|Chapter 3 - Savings and Loan Associations|Part 5 - Accounts|§ 45-3-522. Final Adjustment of Statements of Account

   When a statement of account has been rendered by an association to a depositor or has been mailed to the depositor's last known address, showing the condition of the depositor's account, the account shall, after the period of six (6) years from the date of the rendition of the statement, in the event no objection to the statement in writing has been theretofore made by the depositor or suit brought to correct same, be deemed finally adjusted and settled and its correctness conclusively presumed, and the depositor shall thereafter be barred from questioning the account for any cause.   Associations shall accordingly not be required to preserve or keep their records or files relating thereto for a longer period than six (6) years.     Nothing in this section shall be construed to relieve the depositor from the duty imposed by law of exercising due diligence in the examination of the account and vouchers, if any, accompanying the statement, when rendered by the association and of immediate notification to the association upon discovery of any error in the statement, nor from the legal consequences of neglect of that duty.   Nothing herein shall be construed as exempting associations from compliance with title 66, chapter 29 to the extent applicable.
TN Code § 45-3-523 (2021)
2021 Tennessee Code|Title 45 - Banks and Financial Institutions|Chapter 3 - Savings and Loan Associations|Part 5 - Accounts|§ 45-3-523. Association Deposits and Collections

 To the extent that an association accepts demand deposit accounts, or offers checking accounts or negotiable orders of withdrawal, the Uniform Commercial Code setting out the relationship between a payor bank and its customers, compiled in title 47, chapter 4, part 4, shall apply to the association, and all references to “banks” are deemed references to “associations.”
TN Code § 45-3-524 (2021)
2021 Tennessee Code|Title 45 - Banks and Financial Institutions|Chapter 3 - Savings and Loan Associations|Part 5 - Accounts|§ 45-3-524. Payment and Negotiation of Check When No Estate Has Been Opened or the Estate Has Been Closed

   Notwithstanding § 30-2-317, where no executor or administrator of a decedent has qualified and given notice of the person's qualifications to the savings institution, or where the qualified executor or administrator of a decedent has been discharged and a check or checks made payable to the decedent or the decedent's estate is presented to the savings institution for payment or collection, the savings institution may, in its discretion, and at any time after ninety (90) days from the death of the deceased, negotiate or send for collection and pay out the proceeds of one or more checks made payable to the decedent or the decedent's estate, whether written or electronic, all sums that do not exceed ten thousand dollars ($10,000) in the aggregate:  To the executor named in any will known to the savings institution whether probated or not;   To any personal representative appointed by a court whether active or discharged; or   In the absence of knowledge of a purported will naming a surviving executor or an administrator to the:   Surviving spouse; or   Next of kin.       In the case of conflicting claims, the order of priority shall be that set out in subdivision (a)(1).     The receipt of any guardian, administrator or executor, duly appointed or qualified by the courts of this state, or any other state, or of any spouse or next of kin acknowledging the negotiation, payment or transfer of funds of a check, standing in the name of the person whose estate the fiduciary represents, shall be a good and sufficient acquittance for payment or transfer and shall constitute a valid defense in favor of the savings institution against the demands or claims of all parties.   The negotiation or payment of a check under this section without an endorsement of the payee or with the endorsement of a person authorized by this section to negotiate the check shall not be a violation of or give rise to any claim under title 47, chapter 3 or 4.   No savings institution shall be liable for damages, penalty or tax by reason of any payment made pursuant to this section.
TN Code § 45-3-525 (2021)
2021 Tennessee Code|Title 45 - Banks and Financial Institutions|Chapter 3 - Savings and Loan Associations|Part 5 - Accounts|§ 45-3-525. Acknowledgement or Affidavit — Guaranty

  A savings institution shall require any persons seeking to cash checks payable to a decedent as provided in § 45-2-711 to deliver to the savings institution an affidavit, given under the penalty of perjury, in a form acceptable to the savings institution or in a form that, at the minimum, contains the following:  The name of the decedent;   The decedent's date of death;   The amount and payor of any checks, if the funds are from checks or electronic payments;   The identity of the creditor or creditors to whom the funds are to be paid, if the funds are to be paid directly to a creditor of the decedent or the decedent's estate; and   If the funds are to be paid other than to a creditor of the decedent or the decedent's estate, the affiant shall:  Identify the decedent's surviving spouse and heirs at law, and provide their residence addresses; and   Affirmatively state that:   There are no unpaid creditors of the decedent;   There are no unpaid income, gift, estate, inheritance or other transfer taxes owed by the decedent or the estate of the decedent; and   The funds distributed to the affiant will be distributed by the affiant as provided in any will or testamentary document or in appropriate shares to the decedent's heirs at law.         A savings institution may, in its discretion, require any persons seeking to collect monies from a deceased depositor's account or accounts, as provided in § 45-2-708, to deliver to the savings institution an affidavit, given under penalty of perjury in a form acceptable to the savings institution as provided in subsection (a).   A savings institution may require any person who obtains funds from a deposit account pursuant to § 45-2-708 or to negotiate checks pursuant to § 45-2-711 to provide an indemnity and guarantee to the savings institution in the amount of the funds obtained.
TN Code § 45-3-602 (2021)
2021 Tennessee Code|Title 45 - Banks and Financial Institutions|Chapter 3 - Savings and Loan Associations|Part 6 - Investments|§ 45-3-602. Investments in Real Estate

  Business Property.  Every association has the power to invest in real property or interests in real property that the board of directors may deem necessary for the conduct of the business of the association, which, for the purposes of this chapter, shall be deemed to include the ownership of stock of a wholly owned subsidiary corporation having as its exclusive activity the ownership and management of the property or interests, but the amount so invested shall not exceed the net worth of the association; provided, that the commissioner may authorize a greater amount to be so invested.   Purchase of Real Estate.  Every association has the power to invest an amount not exceeding the lesser of its net worth or five percent (5%) of its assets in the purchase of real estate in its primary lending area for the purpose of producing income or for inventory and sale or for improvement, including the erection of buildings on the real estate, for sale or rental purposes, and the association may hold, sell, lease, operate, or otherwise exercise the rights of an owner as to the property. Marketable title to all real estate acquired under this subsection (b) shall be taken and held in the name of the association, and the title shall immediately be recorded in accordance with the laws of this state.
TN Code § 45-3-603 (2021)
2021 Tennessee Code|Title 45 - Banks and Financial Institutions|Chapter 3 - Savings and Loan Associations|Part 6 - Investments|§ 45-3-603. Dealing With Successors in Interest

 In the case of any investment made by an association in a real estate or other loan, in the event the ownership of the real estate or other collateral security, or any part of the real estate or other collateral security, becomes vested in a person other than the party or parties originally executing the security instrument, and if there is not an agreement in writing to the contrary, an association may, without notice to the party or parties, deal with the successor or successors in interest with reference to the mortgage and the debt thereby secured  in the same manner as with the party or parties, and may forebear to sue or may extend time for payment of or otherwise modify the terms of the debt secured thereunder, without discharging or in any way affecting the original liability of the party or parties thereunder or upon the debt thereby secured.
TN Code § 45-3-702 (2021)
2021 Tennessee Code|Title 45 - Banks and Financial Institutions|Chapter 3 - Savings and Loan Associations|Part 7 - Loans|§ 45-3-702. Insured or Guaranteed Loans

 Every association may make, without regard to any loan limitations or restrictions otherwise imposed by this chapter, but nevertheless subject to any rules or regulations of the commissioner, any loan, secured or unsecured, that is insured or guaranteed in any manner and in any amount by the United States or any instrumentality thereof.
TN Code § 45-3-703 (2021)
2021 Tennessee Code|Title 45 - Banks and Financial Institutions|Chapter 3 - Savings and Loan Associations|Part 7 - Loans|§ 45-3-703. Other Loans

  Loans Secured by Deposit Accounts or Capital Stock.  Every association has the power to make loans secured by deposit accounts with the association to the extent of the withdrawal value thereof. Unless approved in writing by the commissioner, no association shall make a loan to any person if the loan is secured in whole or in part by issued and outstanding shares of capital stock of any kind or class of the association.   Improvement Loans.  Every association has the power to make property improvement loans made pursuant to any title of the National Housing Act, as the act may be amended from time to time, and to make other loans, secured or unsecured, to homeowners and other property owners for the maintenance, repair, alteration, modernization, landscaping, improvement, including new construction, furnishing or equipping of their properties, subject to limitations, terms, and conditions that may be established by rules and regulations of the commissioner.   Mobile Home Loans.  Every association has the power to make loans made for the purpose of mobile home financing, subject to limitations and conditions prescribed by the commissioner, including, but not limited to, any limitations as to the maximum amount of all the loans by each association.   Loans Secured by Loans.  Every association has the power to make loans secured by the pledge of loans or investments of a type in which the association is authorized to invest; provided, that the loans or investments so pledged shall be subject to all requirements that would be applicable were the association to originate the loans or investments.   Other Loans.  Every association has the power to invest in other loans not specifically referred to in this section if the powers are granted to federal associations in Tennessee, in the manner that the commissioner may by rule permit.   Participation — Power to Hold and Sell Loans.  The power granted to every association to make loans pursuant to this chapter also includes the power to participate with other lenders in the making of the loans, and includes the power to hold and sell the loans at the times and upon the terms and conditions that the board of directors of each association determines.
TN Code § 45-3-704 (2021)
2021 Tennessee Code|Title 45 - Banks and Financial Institutions|Chapter 3 - Savings and Loan Associations|Part 7 - Loans|§ 45-3-704. Construction Lenders Liability

 An association that makes a loan, the proceeds of which are used or may be used by the borrower to finance the design, manufacture, construction, repair, modification, or improvement of real property for sale or lease to others, shall not be held liable to third persons for any loss or damage occasioned by any defect in the real property so designed, manufactured, constructed, repaired, modified, or improved, or for any loss or damage resulting from the failure of the borrower to use due care in the design, manufacture, construction, repair, modification, or improvement of the real property, unless the loss or damage is a result of an act of the association outside the scope of the activities of a lender of money that is tantamount to assuming direct and active responsibility for, or assuring the structural integrity of, the design, manufacture, construction, repair, modification, or improvement of the property or unless the association has been a party to misrepresentation with respect to the real property.
TN Code § 45-3-706 (2021)
2021 Tennessee Code|Title 45 - Banks and Financial Institutions|Chapter 3 - Savings and Loan Associations|Part 7 - Loans|§ 45-3-706. Insurance Protection for Home Improvement Installment Loans

  An association in making an installment loan in excess of three hundred dollars ($300) may require a borrower to insure tangible personal property offered as security for the loan against any substantial risk of loss, damage or destruction for any amount not to exceed the actual value of the property or the approximate amount of the loan, whichever is lesser, and for a term and upon conditions that are reasonable and appropriate considering the nature of the property and maturity and other circumstances of the loan; provided, that the insurance is sold by a licensed agent, broker or solicitor, and the borrower may furnish the borrower's own insurance policy.   The association may also request as security for any loan obligation in excess of three hundred dollars ($300) insurance on the life of the borrower or one (1) of them, if there are two (2) or more. The initial amount of credit life insurance shall not exceed the total amount repayable under the total amount of the indebtedness. Not more than one (1) policy of life insurance may be written in connection with any installment loan transaction unless requested by the borrower, comaker or endorser.   In accepting any insurance provided for in this section as security for a loan, the association may deduct the premiums for the insurance from the proceeds of the loan, and remit the premiums to the insurance company writing the insurance and any gain or advantage to the association or any employee, officer, director, agent, affiliate, or associate from the insurance or its sale shall not be considered an additional or further charge or interest in connection with any loan made hereunder.   Every insurance policy or certificate written in connection with a loan transaction pursuant to of this section shall provide for cancellation of coverage and a refund of the premium unearned upon the discharge of the loan obligation for which the insurance is security without prejudice to any claim existing at the time of discharge. Whenever insurance is written in connection with a loan transaction, the association shall deliver, or cause to be delivered, to the borrower a policy, certificate or other memorandum that shows the coverages and the costs of coverage, if any, to the borrower within thirty (30) days from the date of the loan.