65-25-223 - Exemption from jurisdiction of Tennessee regulatory authority.

65-25-223. Exemption from jurisdiction of Tennessee regulatory authority.

Cooperatives and foreign corporations transacting business in this state pursuant to this part shall be deemed to be not-for-profit cooperatives and nonutilities, and, except as provided in § 65-25-222, exempt in all respects from the jurisdiction and control of the Tennessee regulatory authority.

[Acts 1988, ch. 689, § 2; 1995, ch. 305, § 35.]