# Tenn. Code Ann. § 45-2-106: Provisions applicable to savings and loan associations and savings banks - Conflicting laws > Tennessee · Statutes · In force URL: https://www.frixlaw.com/law-library/statutes/STATE_TN_T45_C2_S45-2-106 ## Section - **Citation:** Tenn. Code Ann. § 45-2-106 - **Heading:** Provisions applicable to savings and loan associations and savings banks - Conflicting laws - **Jurisdiction:** Tennessee - **Kind:** Statutes - **Status:** In force - **Text as of:** August 14, 2026 - **Source:** Compiled text - **Location:** TN Code / Title 45 / Chapter 2 / Section 45-2-106 ## Text (a) The following provisions of this chapter are applicable to state and federal savings and loan associations and savings banks; provided, that in the event of a conflict between the provisions and the provisions of a law on the same subject relating specifically to state or federal savings and loan associations or savings banks, the provisions of the specific law shall be controlling: (1) Section 45-2-703 relating to deposits in two (2) or more names; (2) Section 45-2-704 relating to deposits in trust; (3) Section 45-2-706 relating to adverse claims to deposits; (4) Section 45-2-707 relating to powers of attorney; (5) Section 45-2-806 relating to the deposit of public funds and security requirements; (6) Part 9 of this chapter relating to safe deposit and safekeeping; and (7) Part 10 of this chapter relating to fiduciary powers. (b) The following provisions of this chapter are applicable to state and federal savings and loan associations, savings banks, and credit unions; provided, that in the event of a conflict between the provisions and the provisions of a law on the same subject relating specifically to state or federal savings and loan associations, savings banks or credit unions, the provisions of the specific law shall be controlling: (1) Section 45-2-708 , relating to payment from accounts or contents of safe deposit boxes when no executor or administrator has qualified and given notice of the executor or administrator's qualifications; and (2) Section 45-2-710 , relating to the accrual of a civil action to enforce a claim on accounts. Acts 1985, ch. 168, § 2; 1992, ch. 834, § 1; 2005, ch. 30, § 3. (a) The following provisions of this chapter are applicable to state and federal savings and loan associations and savings banks; provided, that in the event of a conflict between the provisions and the provisions of a law on the same subject relating specifically to state or federal savings and loan associations or savings banks, the provisions of the specific law shall be controlling: (1) Section 45-2-703 relating to deposits in two (2) or more names; (2) Section 45-2-704 relating to deposits in trust; (3) Section 45-2-706 relating to adverse claims to deposits; (4) Section 45-2-707 relating to powers of attorney; (5) Section 45-2-806 relating to the deposit of public funds and security requirements; (6) Part 9 of this chapter relating to safe deposit and safekeeping; and (7) Part 10 of this chapter relating to fiduciary powers. (1) Section 45-2-703 relating to deposits in two (2) or more names; (2) Section 45-2-704 relating to deposits in trust; (3) Section 45-2-706 relating to adverse claims to deposits; (4) Section 45-2-707 relating to powers of attorney; (5) Section 45-2-806 relating to the deposit of public funds and security requirements; (6) Part 9 of this chapter relating to safe deposit and safekeeping; and (7) Part 10 of this chapter relating to fiduciary powers. or more names; (2) Section 45-2-704 relating to deposits in trust; (3) Section 45-2-706 relating to adverse claims to deposits; (4) Section 45-2-707 relating to powers of attorney; (5) Section 45-2-806 relating to the deposit of public funds and security requirements; (6) Part 9 of this chapter relating to safe deposit and safekeeping; and (7) Part 10 of this chapter relating to fiduciary powers. (b) The following provisions of this chapter are applicable to state and federal savings and loan associations, savings banks, and credit unions; provided, that in the event of a conflict between the provisions and the provisions of a law on the same subject relating specifically to state or federal savings and loan associations, savings banks or credit unions, the provisions of the specific law shall be controlling: (1) Section 45-2-708 , relating to payment from accounts or contents of safe deposit boxes when no executor or administrator has qualified and given notice of the executor or administrator's qualifications; and (2) Section 45-2-710 , relating to the accrual of a civil action to enforce a claim on accounts. (1) Section 45-2-708 , relating to payment from accounts or contents of safe deposit boxes when no executor or administrator has qualified and given notice of the executor or administrator's qualifications; and (2) Section 45-2-710 , relating to the accrual of a civil action to enforce a claim on accounts. Acts 1985, ch. 168, § 2; 1992, ch. 834, § 1; 2005, ch. 30, § 3. ## Nearby sections - [Tenn. Code Ann. § 45-2-103 Changes affecting bank control](https://www.frixlaw.com/law-library/statutes/STATE_TN_T45_C2_S45-2-103.md) - [Tenn. Code Ann. § 45-2-104 Equality of taxation](https://www.frixlaw.com/law-library/statutes/STATE_TN_T45_C2_S45-2-104.md) - [Tenn. Code Ann. § 45-2-105 Exemption of nonprofit general welfare corporations](https://www.frixlaw.com/law-library/statutes/STATE_TN_T45_C2_S45-2-105.md) - [Tenn. Code Ann. § 45-2-106 Provisions applicable to savings and loan associations and savings banks - Conflicting laws](https://www.frixlaw.com/law-library/statutes/STATE_TN_T45_C2_S45-2-106.md) - [Tenn. Code Ann. § 45-2-107 Acquisition, formation or control of banks and savings institutions](https://www.frixlaw.com/law-library/statutes/STATE_TN_T45_C2_S45-2-107.md) - [Tenn. Code Ann. § 45-2-201 Incorporators - Applicant requirements](https://www.frixlaw.com/law-library/statutes/STATE_TN_T45_C2_S45-2-201.md) - [Tenn. Code Ann. § 45-2-202 Notice of intention - Request for issuance of charter - Approval or nonapproval of notice of intention or request for issuance of charter and accompanying documents - Notice - Filing - Restriction on acceptance of shares of capital stock until notice of approval received](https://www.frixlaw.com/law-library/statutes/STATE_TN_T45_C2_S45-2-202.md) - [Tenn. Code Ann. § 45-2-203 Organizational expenses](https://www.frixlaw.com/law-library/statutes/STATE_TN_T45_C2_S45-2-203.md) - [Tenn. Code Ann. § 45-2-204 Application for charter - Acceptance, nonacceptance and filing of application - Notice to other banks - Formation of interim bank](https://www.frixlaw.com/law-library/statutes/STATE_TN_T45_C2_S45-2-204.md) - [Tenn. Code Ann. § 45-2-205 Examination of application for charter - Factors considered](https://www.frixlaw.com/law-library/statutes/STATE_TN_T45_C2_S45-2-205.md) - [Tenn. Code Ann. § 45-2-206 Subscription calls](https://www.frixlaw.com/law-library/statutes/STATE_TN_T45_C2_S45-2-206.md) - [Tenn. Code Ann. § 45-2-207 Capital structure](https://www.frixlaw.com/law-library/statutes/STATE_TN_T45_C2_S45-2-207.md) - [Tenn. Code Ann. § 45-2-208 Capital notes and debentures](https://www.frixlaw.com/law-library/statutes/STATE_TN_T45_C2_S45-2-208.md) - [Tenn. Code Ann. § 45-2-211 Indemnification of officers, directors or employees](https://www.frixlaw.com/law-library/statutes/STATE_TN_T45_C2_S45-2-211.md) --- Source: Frix Law Library, https://www.frixlaw.com/law-library/statutes/STATE_TN_T45_C2_S45-2-106. Check the current official text before relying on it. Not legal advice.