Tennessee Statutes
§ 13-20-612 — Housing authority obligations guaranteed by federal government eligible collateral as security for deposit of funds
Tennessee·Title 13
Wherever, by statute of this state, collateral is required as security for the deposit of public or other funds, or deposits are required to be made with any public official or department, or an investment of capital or surplus, or a reserve or other fund, is required to be maintained consisting of designated securities, notes and bonds insured by the federal housing administrator and debentures issued by the federal housing administrator and obligations of national mortgage associations shall be eligible for such purposes; provided, that such obligations shall be guaranteed as to payment by the federal government or a branch thereof.
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Tennessee § 13-20-612 (Housing authority obligations guaranteed by federal government eligible collateral as security for deposit of funds) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
Acts 1937, ch. 83, § 1; C. Supp. 1950, § 3647.17A (Williams, § 3647.41); T.C.A. (orig. ed.), § 13-1112.
Nearby Sections
15
§ 13-10-101
Chapter definitions§ 13-10-102
Functions of commissioner§ 13-10-104
Authority of commissioner to inspect property and records and conduct investigations and hearings§ 13-10-107
State financial assistance - Contingencies§ 13-10-109
Financial assistance - Approved sources§ 13-10-201
Responsibility for implementation§ 13-10-202
Financial and legal independence§ 13-10-203
Enforcement authority§ 13-10-204
Confidentiality of information§ 13-10-205
Audits and reporting§ 13-10-206
Authority to adopt policies and regulations§ 13-11-101
Short title§ 13-11-102
Purpose§ 13-11-103
Chapter definitions