EX-5.1 2 g88831exv5w1.htm EX-5.1 OPINION OF BASS, BERRY & SIMS PLC exv5w1
 

EXHIBIT 5.1

         
KNOXVILLE OFFICE   BASS, BERRY & SIMS PLC
A PROFESSIONAL LIMITED LIABILITY COMPANY
  DOWNTOWN OFFICE:
900 SOUTH GAY STREET, SUITE 1700
KNOXVILLE, TN 37902
(865) 521-6200
  ATTORNEYS AT LAW   AMSOUTH CENTER
315 DEADERICK STREET, SUITE 2700
NASHVILLE, TN 37238-3001
  Reply To:   (615) 742-6200
MEMPHIS OFFICE
THE TOWER AT PEABODY PLACE
  AMSOUTH CENTER
315 DEADERICK STREET, SUITE 2700
 
MUSIC ROW OFFICE:
100 PEABODY PLACE, SUITE 950
MEMPHIS, TN 38103-2625
(901) 543-5900
  NASHVILLE, TN 37238-3001
(615) 742-6200

www.bassberry.com
  29 MUSIC SQUARE EAST
NASHVILLE, TN 37203-4322
(615) 255-6161
         
  April 30, 2004  

Greene County Bancshares, Inc.
100 North Main Street
Greeneville, Tennessee 37743-4992

     Re: Registration Statement on Form S-8

Ladies and Gentlemen:

     We have acted as your counsel in the preparation of the Registration Statement on Form S-8 (the “Registration Statement”) relating to the Company’s 2004 Long-Term Incentive Plan (the Plan”) filed by you with the Securities and Exchange Commission covering an aggregate of 500,000 shares (the “Shares”) of common stock, $2.00 par value, issuable pursuant to the Plan.

     In so acting we have examined and relied upon such records, documents, and other instruments as in our judgment are necessary or appropriate in order to express the opinions hereinafter set forth and have assumed the genuineness of all signatures, the authenticity of all documents submitted to us as originals, and the conformity to original documents of all documents submitted to us as certified or photostatic copies.

     Based on the foregoing, we are of the opinion that the Shares, when issued pursuant to and in accordance with the Plan, will be validly issued, fully paid, and non-assessable.

     We hereby consent to the use of this opinion as an exhibit to the Registration Statement.
         
  Very truly yours,
/s/ Bass, Berry & Sims PLC