TCA § 45-2-806 — Depositories of public funds exempt from security requirements to extent of deposit insurance
A bank receiving public funds does not have to provide security for deposits, but only to the extent the deposits are insured under federal deposit insurance provisions.
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- Jurisdiction
- United States — Tennessee
- Instrument
- Act or statute
- Version
- Undated source snapshot
- Language
- en
- Official source
- View official record ↗
deposit insurance deposit security
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TCA § 45-2-806 — Depositories of public funds exempt from security requirements to extent of deposit insurance
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