Tennessee § 13-20-612 - Housing authority obligations guaranteed by federal government eligible collateral as security for deposit of funds.
Full text of Tennessee Tennessee Code Annotated § 13-20-612 — Housing authority obligations guaranteed by federal government eligible collateral as security for deposit of funds., with citation guidance and answers to common questions.
§ 13-20-612. Housing authority obligations guaranteed by federal government eligible collateral as security for deposit of funds.
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. Acts 1937, ch. 83, § 1; C. Supp. 1950, § 3647.17A (Williams, § 3647.41); T.C.A. (orig. ed.), § 13-1112. Cross-References. Housing authority bonds, security for public deposits and legal investments, § 13-20-207 .
Source: official Tennessee text · Last verified 2026-08-27
Frequently Asked Questions About Tennessee § 13-20-612
What does Tennessee Code Annotated § 13-20-612 cover?
Section 13-20-612 ("Housing authority obligations guaranteed by federal government eligible collateral as security for deposit of funds.") is part of the Tennessee Code Annotated, the codified statutory law of Tennessee. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Tennessee § 13-20-612?
A common citation format is "Tennessee Code Annotated § 13-20-612" (Tennessee). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Tennessee law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Tennessee official source linked on this page or consult a licensed Tennessee attorney.
How does Tennessee § 13-20-612 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Tennessee can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Tennessee.