Tenn. Comp. R. & Regs. 0180-12-.26 - REMOTE SERVICE UNITS

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Current through March 20, 2022

Any association may establish one or more service units in any county in which it may establish a branch. Such association shall have been profitable for a minimum period of twelve (12) months prior to application and total investments in remote service units shall not exceed 25% of the association's net worth. The Commissioner must be notified in writing thirty (30) days prior to the opening of each remote service unit.

Notes

Tenn. Comp. R. & Regs. 0180-12-.26

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. § 45-3-302.

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