Tenn. Comp. R. & Regs. 0180-12-.18

Current through January 8, 2025

Section 0180-12-.18 - COMPUTATION OF NET BALANCE

It is recommended but not required that an association close its books semi-annually. The annual meeting of the association shall be within three (3) months of the closing of the books.

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. §§ 45-3-402, 45-3-404, and 45-3-801.