Tennessee § 9-4-105 - Required collateral.
Full text of Tennessee Tennessee Code Annotated § 9-4-105 — Required collateral., with citation guidance and answers to common questions.
§ 9-4-105. Required collateral.
“Required collateral” means collateral whose market value is equal to one hundred five percent (105%) of the value of the state deposit secured thereby, less so much of such amount as is protected by the federal deposit insurance corporation. Acts 1985, ch. 118, § 17; 1990, ch. 702, § 2. Compiler's Notes. Former § 9-4-105 (Acts 1937, ch. 33, § 26; 1939, ch. 11, § 13; C. Supp. 1950, § 55.26; T.C.A. (orig. ed.), § 9-405), concerning special federal funds, was repealed by Acts 1985, ch. 118, § 12. For new law generally, see parts 1-3 of this chapter.
Frequently Asked Questions About Tennessee § 9-4-105
What does Tennessee Code Annotated § 9-4-105 cover?
Section 9-4-105 ("Required collateral.") 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 § 9-4-105?
A common citation format is "Tennessee Code Annotated § 9-4-105" (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 § 9-4-105 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.