Tenn. Comp. R. & Regs. 0180-10-1-.10
Current through October 22, 2024
Prior to engaging in any investment activity permitted by this chapter, the board of directors of the credit union shall adopt a written investment policy setting forth limitations applicable to each type of permissible investment activity provided for in this chapter and indicating the purpose of, and strategy behind, any investment activity undertaken by the credit union. The board of directors or an investment committee appointed by the board shall review all outstanding contract positions at least monthly.
Tenn. Comp. R. & Regs. 0180-10-1-.10
Authority: T.C.A. §§ 45-4-1001 and 45-4-501(3).