Savings banks may obtain, maintain and terminate membership in a federal home loan bank or federal reserve bank, or both, meet all applicable requirements for membership, and engage in all acts incidental to membership, unless the acts are specifically prohibited by this chapter or regulations issued under this chapter.
Tenn. Code Ann. § 45-14-109
Membership in federal home loan bank or federal reserve bank
Known as the Savings Bank Chartering Act
The act spans §§ 45–45 (14 sections).
Acts 1991, ch. 177, § 10.
Current official text: Tennessee Code (LexisNexis). Digitized from the UniCourt Code Improvement Commission public-domain capture. Reproduced from public-domain Tennessee statutes; confirm against the official source for the current text. Not legal advice.