Tenn. Comp. R. & Regs. 0180-12-.08

Current through December 18, 2024

Section 0180-12-.08 - WITHDRAWAL

If an association is unable to pay immediately all orders of withdrawal, except for accounts of $300.00 (three hundred dollars) or less, the association will take a written order for withdrawal and shall number, date and file in the order of actual receipt. Withdrawals shall be made in the order of actual receipt as soon as possible.

Original rule certified June 10, 1974. Repeal and new rule filed June 30, 1980; effective September 15, 1980. Transferred from the Department of Commerce and Insurance by Executive Order Number 38; effective February 11, 1983.

Authority: T.C.A. § 45-3-519.