Tenn. Comp. R. & Regs. 0180-10-1-.09

Current through October 22, 2024

Section 0180-10-1-.09 - PURCHASES REQUIRED AT MARKET PRICE

All purchases and sales of securities by a credit union by means of a cash forward agreement or cash transaction must be at the market price.

Tenn. Comp. R. & Regs. 0180-10-1-.09

Original rule filed September 11, 1980; effective October 27, 1980.

Authority: T.C.A. §§ 45-4-1001 and 45-4-501(3).