Tennessee Statutes
§ 45-2-504 — Reserves of Federal Reserve Act sufficient
Tennessee § 45-2-504
JurisdictionTennessee
Title45
This text of Tennessee § 45-2-504 (Reserves of Federal Reserve Act sufficient) is published on Counsel Stack Legal Research, covering Tennessee primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Bluebook
Tenn. Code Ann. § 45-2-504 (2026).
Text
A compliance on the part of a bank with the reserve requirements of the Federal Reserve Act shall be held to be a full compliance with those laws of this state that require banks to maintain reserves, and the bank shall not be required to carry or maintain reserves other than those required under the terms of the Federal Reserve Act.
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Legislative History
Acts 1969, ch. 36, § 1 (3.323); T.C.A., § 45-304.
Nearby Sections
15
§ 45-1-101
Short title§ 45-1-103
General definitions§ 45-1-104
Department to execute laws§ 45-1-106
Salary of commissioner§ 45-1-107
Powers and duties of commissioner§ 45-1-109
Oaths of office§ 45-1-111
Limitation of personal liability§ 45-1-112
Official seal§ 45-1-113
Office facilities§ 45-1-116
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Bluebook (online)
Tennessee § 45-2-504, Counsel Stack Legal Research, https://law.counselstack.com/statute/tn/45-2-504.