TCA § 45-2-1702 — Receiving deposit, premium payment or investment in failing financial institution — United States — Tennessee law | Esheria

TCA § 45-2-1702 — Receiving deposit, premium payment or investment in failing financial institution

A person who directs or helps direct a financial institution must not receive or allow deposits, premium payments, or investments when they know the institution cannot pay on demand or is about to suspend operations or go into receivership.

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Jurisdiction
United States — Tennessee
Instrument
Act or statute
Version
Undated source snapshot
Language
en
Official source
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banking compliance deposit-taking insolvency

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