2016 Tennessee Code
Title 48 - Corporations and Associations
Nonprofit Corporations
Chapter 56 - Members and Memberships
Part 1 - Admission of Members
§ 48-56-102. Consideration.

TN Code § 48-56-102 (2016) What's This?

Except as provided in its charter or bylaws, a corporation may admit members for no consideration or for such consideration as is determined by the board.

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