Tennessee Statutes
§ 9-4-305 — Deposit certification
Tennessee·Title 9
(a)All deposits made pursuant to § 9-4-301 , except as provided in subsection (b), shall be evidenced by a deposit certification in accordance with procedures established by the commissioner of finance and administration and approved by the state treasurer.
(b)Deposits of state funds that result from transfers within the banking system utilizing electronic transfer of funds and initiated by the state treasurer shall be evidenced by those documents and advices as are used within the banking system to execute such funds transfer, and shall be accepted by the commissioner of finance and administration in lieu of deposit certifications. Such documents and advices shall be delivered directly by the state treasurer to the commissioner of finance and administration. The use of the term "banking
Free access — add to your briefcase to read the full text and ask questions with AI
Tennessee § 9-4-305 (Deposit certification) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
Acts 1985, ch. 118, § 28; 1986, ch. 923, § 4.