Statutes > Tennessee Statutes > Title 9 - Public Finances > Chapter 4 - State Funds, State Budget and Appropriations > Part 5 - Collateral Pool for Public Deposits > 9-4-510 - Guarantee to public depositors against loss.

9-4-510 - Guarantee to public depositors against loss.

9-4-510. Guarantee to public depositors against loss.

A qualified public depository shall guarantee public depositors against loss caused by the default or insolvency of other qualified public depositories as provided in § 9-4-512.

[Acts 1990, ch. 1043, § 1; 1996, ch. 621, § 12.]