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TENNESSEE STATUTES AND CODES
6-56-110 - Deposits Collateral.
6-56-110. Deposits Collateral.
Notwithstanding any other public or private act to the contrary, any municipal funds deposited with a financial institution shall be secured by collateral in the same manner and under the same conditions as state deposits under title 9, chapter 4, parts 1 and 4, or as provided in the collateral pool created under title 9, chapter 4, part 5.
[Acts 1992, ch. 592, § 8; 1994, ch. 752, § 8; 1997, ch. 217, § 1.]
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