Tenn. Comp. R. & Regs. 0180-16-.01 - SPECIAL RESERVE IN LIEU OF FIDELITY BOND

Current through March 20, 2022

A state-chartered bank ("Bank") which meets the requirements of this chapter may establish a special reserve fund in lieu of providing a good and sufficient fidelity bond on all active officers and employees, as required by T.C.A. § 45-2-403(a), as amended.

Notes

Tenn. Comp. R. & Regs. 0180-16-.01
Original Rule filed August 13, 1986; effective November 29, 1986.

Authority: T.C.A. §§ 45-1-107 and 45-2-403; Public Chapter 865, Acts of 1986.

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