Tenn. Comp. R. & Regs. 0180-22-.02

Current through October 22, 2024

Section 0180-22-.02 - TRANSACTIONS BETWEEN AND AMONG NON-AFFILIATED BANKS

A state-chartered bank, as agent, on behalf of one or more non-affiliated banks (whether state-chartered banks or national banks), as principal(s), may, in accordance with these rules, accept deposits, loan payments, or other payments from the customers of the principal(s), renew time deposits, close loans and service loans.

Tenn. Comp. R. & Regs. 0180-22-.02

Original rule filed July 28, 1993; effective November 18, 1993. Amendment filed August 31, 1998; effective December 31, 1998.

Authority: T.C.A. §§ 45-2-614(e), 45-1-107; Public Chapter 85, Acts of 1989.