Tenn. Comp. R. & Regs. 0180-11-.01

Current through October 22, 2024

Section 0180-11-.01 - RESERVES REQUIRED OF STATE BANKS

All state banks shall maintain reserves against deposits in an amount and in such manner as meet the reserve requirements of the Federal Reserve Bank as published in Regulation D ( 12 CFR 204).

Original rule filed August 25, 1981; effective October 9, 1981. Repeal and new rule filed January 30, 1985; effective April 16, 1985.

Authority: T.C.A. § 45-2-709 and Chapter 226 of the Public Acts of 1981.