Rules & Regulations of the State of Tennessee
Title 0180 - Financial Institutions
Chapter 0180-12 - Operation of State-Chartered Building and Loan Associations
Section 0180-12-.11 - PERCENT OF ASSETS
Universal Citation: TN Comp Rules and Regs 0180-12-.11
Current through April 3, 2024
An association's investment in capital stock, obligations or other securities of service organizations which assist in furthering or facilitating the association's purposes, powers, or community responsibilities is limited to three (3) percent of the association's total assets.
Authority: T.C.A. §§ 45-3-402 and 45-3-601(d).
Disclaimer: These regulations may not be the most recent version. Tennessee may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.
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