The Tennessee Sports Gaming Act governs sports wagering in the state of Tennessee. It defines various terms related to sports wagering and applies to licensees, bettors, and other entities involved in sports wagering. The Act specifically excludes horse racing from the definition of a sporting event. The document does not provide information about specific penalties for non-compliance or violation of the Act.

The legal document reviewed pertains to the establishment and operation of the Tennessee education lottery corporation. It defines the corporation as a body, politic and corporate, and a quasi-public instrumentality. The corporation is responsible for operating a state lottery and other essential public functions. It is not considered a state agency or department but acts for the benefit of the people of the state. The document provides definitions for various terms used in the law, including ‘board,’ ‘chief executive officer,’ ‘corporation,’ ‘director,’ ’lottery,’ ’lottery proceeds,’ ’lottery retailer,’ ’lottery vendor,’ ‘minority-owned business,’ ’net proceeds,’ ‘operating expense,’ ‘person,’ ‘prize,’ ‘share,’ and ’ticket.

The Financial Records Privacy Act, also known as the ‘Financial Records Privacy Act,’ is a chapter within the Tennessee Code that governs the privacy and confidentiality of financial records. It applies to banks and financial institutions operating in Tennessee. The act ensures the confidentiality, disclosure, and reproduction of banking information, savings and loan records, and other writings or tangible objects obtained by the attorney general. The act also addresses the unlawful disclosure of savings and loan information and the preservation of records.

The Bank Holding CompaniesBank Structure Act of 1974, part of the Tennessee Code, governs bank holding companies and banking institutions in Tennessee. It provides regulations and guidelines for their structure and operations. The Act prohibits bank holding companies and out-of-state banks from acquiring control of, merging, or consolidating with a Tennessee bank that has not been in operation for at least three years, with exceptions for certain circumstances. The Act also prohibits a bank or bank holding company from acquiring any bank in Tennessee if it would control 30% or more of the total amount of deposits of insured depository institutions in Tennessee.

This part of the Tennessee Code provides definitions for terms used in relation to Credit Card State Banks. It defines terms such as ‘Control’, ‘Credit card state bank’, ‘Domestic holding company’, ‘Domestic lender’, ‘Foreign lender’, ‘Holding company’, and ‘Qualifying organization’. The definitions clarify the meaning of these terms within the context of the Tennessee Code. The part also includes provisions related to the authority of companies that organized prior to July 1, 2020, to own or control a credit card state bank.

The provided legal document content covers various aspects related to deposits in banks. It includes provisions regarding the right and power of banks to receive money on deposit and pay interest, the operation of deposit accounts in the name of minors or multiple parties, deposits made in trust, payable-on-death accounts, and the authority of power of attorney for banking institutions. The documents also address the final adjustment of statements of account, adverse claims to bank deposits, payment of deposits in the absence of an executor or administrator, reserve requirements for state banks, enforcement of a bank’s obligation to pay the balance of a deposit account, and cashing checks payable to a decedent and collecting monies from a deceased depositor’s account.

The provided legal document content covers various aspects related to deposit insurance in Tennessee. It authorizes state banks, with the approval of the commissioner, to enter into contracts and take advantage of memberships, loans, subscriptions, contracts, grants, rights, or privileges offered by the federal deposit insurance corporation (FDIC). State banks are also permitted to subscribe for and acquire stock, debentures, or other types of insurance from the FDIC. The document governs the appointment of the FDIC as the receiver of a state bank in Tennessee when the bank is closed due to its inability to meet the demands of its depositors or as required by Tennessee law.

This legal document governs the authority of banks to engage in leasing safe deposit facilities and clarifies their liability in case of loss or damage to the deposited property. It defines key terms such as ‘agent’, ‘fiduciary’, ’lessee’, and ’lessor’. The document specifies that the bank is not liable for any loss of valuables in the safe deposit box due to theft, robbery, fire, or any other cause, and is not responsible for the safety of the property.

The provided legal document content covers various aspects related to the acquisition, formation, and control of banks and savings institutions, the organization and operation of banks in Tennessee, the items allowed in the charter of a bank, the qualifications and election of directors and officers in state banks, the membership in Federal Reserve Banks, the general powers of banks and financial institutions in Tennessee, deposits in banks, deposit insurance in Tennessee, leasing safe deposit facilities, fiduciary powers, loans and transactions involving a state bank’s own stock, installment loans in Tennessee, reporting requirements for banks, investment and security powers of authorized state banks, Credit Card State Banks, private trust companies acting as fiduciaries, and state trust companies in Tennessee.

The provided legal document content covers various aspects related to credit unions in Tennessee. It includes guidelines for the formation and operation of credit unions, qualifications for membership, entrance fee requirements, sale of credit union shares, payment of funds to deceased shareholders or depositors, powers and duties of credit unions, declaration and payment of dividends, insurance requirements, loans and lending practices, maintenance of reserve funds, fees and taxation, dissolution, liquidation, and merger of credit unions, supervision and examination of credit unions, Share Insurance Corporation, Volunteer Corporate Credit Union, regulations and requirements for credit unions in Tennessee, duties of the commissioner, conversion of state credit unions to federal credit unions, and operation of foreign credit unions in Tennessee.