# Tenn. Code Ann. § 48-101-106: First meeting and organization

> Tennessee · Statutes · In force

URL: https://www.frixlaw.com/law-library/statutes/STATE_TN_T48_C101_S48-101-106

## Section

- **Citation:** Tenn. Code Ann. § 48-101-106
- **Heading:** First meeting and organization
- **Jurisdiction:** Tennessee
- **Kind:** Statutes
- **Status:** In force
- **Text as of:** August 14, 2026
- **Source:** Compiled text
- **Location:** TN Code / Title 48 / Chapter 101 / Section 48-101-106

## Text

(a) The first meeting of the corporation shall be called by a notice signed by three (3) or more of the incorporators, stating the time, place, and purpose of the meeting, a copy of which notice shall be mailed, or delivered, to each incorporator at least five (5) days before the day appointed for the meeting. The first meeting may be held without such notice upon agreement in writing to that effect, signed by all the incorporators. There shall be recorded in the minutes of the meeting a copy of the notice or of such unanimous agreement of the incorporators. (b) At such first meeting, the incorporators shall organize by choice by ballot of a temporary clerk, by the adoption of bylaws, by the election by ballot of directors, and by action upon such other matters within the powers of the corporation as the incorporators may see fit. The temporary clerk shall be sworn and shall make and attest a record of the proceedings. Ten (10) of the incorporators shall be a quorum for the transaction of business. Acts 1959, ch. 170, § 14; T.C.A., §§ 48-1706, 48-3-106.
(a) The first meeting of the corporation shall be called by a notice signed by three (3) or more of the incorporators, stating the time, place, and purpose of the meeting, a copy of which notice shall be mailed, or delivered, to each incorporator at least five (5) days before the day appointed for the meeting. The first meeting may be held without such notice upon agreement in writing to that effect, signed by all the incorporators. There shall be recorded in the minutes of the meeting a copy of the notice or of such unanimous agreement of the incorporators.
(b) At such first meeting, the incorporators shall organize by choice by ballot of a temporary clerk, by the adoption of bylaws, by the election by ballot of directors, and by action upon such other matters within the powers of the corporation as the incorporators may see fit. The temporary clerk shall be sworn and shall make and attest a record of the proceedings. Ten (10) of the incorporators shall be a quorum for the transaction of business.
Acts 1959, ch. 170, § 14; T.C.A., §§ 48-1706, 48-3-106.

## Nearby sections

- [Tenn. Code Ann. § 48-101-101 Short title](https://www.frixlaw.com/law-library/statutes/STATE_TN_T48_C101_S48-101-101.md)
- [Tenn. Code Ann. § 48-101-102 Part definitions](https://www.frixlaw.com/law-library/statutes/STATE_TN_T48_C101_S48-101-102.md)
- [Tenn. Code Ann. § 48-101-103 Persons entitled to incorporate - Certificate of incorporation](https://www.frixlaw.com/law-library/statutes/STATE_TN_T48_C101_S48-101-103.md)
- [Tenn. Code Ann. § 48-101-104 Completion of corporate entity](https://www.frixlaw.com/law-library/statutes/STATE_TN_T48_C101_S48-101-104.md)
- [Tenn. Code Ann. § 48-101-105 Powers](https://www.frixlaw.com/law-library/statutes/STATE_TN_T48_C101_S48-101-105.md)
- [Tenn. Code Ann. § 48-101-106 First meeting and organization](https://www.frixlaw.com/law-library/statutes/STATE_TN_T48_C101_S48-101-106.md)
- [Tenn. Code Ann. § 48-101-107 Board of directors and officers](https://www.frixlaw.com/law-library/statutes/STATE_TN_T48_C101_S48-101-107.md)
- [Tenn. Code Ann. § 48-101-108 Right to purchase or transfer capital stock or obligations of corporation - Membership](https://www.frixlaw.com/law-library/statutes/STATE_TN_T48_C101_S48-101-108.md)
- [Tenn. Code Ann. § 48-101-109 No preemptive rights respecting unissued stock](https://www.frixlaw.com/law-library/statutes/STATE_TN_T48_C101_S48-101-109.md)
- [Tenn. Code Ann. § 48-101-110 Membership of financial institutions](https://www.frixlaw.com/law-library/statutes/STATE_TN_T48_C101_S48-101-110.md)
- [Tenn. Code Ann. § 48-101-111 Duration of membership - Withdrawal](https://www.frixlaw.com/law-library/statutes/STATE_TN_T48_C101_S48-101-111.md)
- [Tenn. Code Ann. § 48-101-112 Powers of stockholders and members - Voting](https://www.frixlaw.com/law-library/statutes/STATE_TN_T48_C101_S48-101-112.md)
- [Tenn. Code Ann. § 48-101-113 Loans to the corporation](https://www.frixlaw.com/law-library/statutes/STATE_TN_T48_C101_S48-101-113.md)
- [Tenn. Code Ann. § 48-101-114 Obligations of corporation are legal investments for members](https://www.frixlaw.com/law-library/statutes/STATE_TN_T48_C101_S48-101-114.md)

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Source: Frix Law Library, https://www.frixlaw.com/law-library/statutes/STATE_TN_T48_C101_S48-101-106. Check the current official text before relying on it. Not legal advice.