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Can you summarize TNCO 45-2-1807?
Investment and Security Powers > Uninsured depository accounts.
Short Summary
Any depository account with a state bank or state bank subsidiary upon which drafts, checks, or other negotiable instruments can be drawn and that is not insured or partially insured by a corporation or subdivision of the United States government must in the application for the account inform the customer of the lack of deposit insurance, and the customer must acknowledge by signature and date of the same. Acts 1989, ch. 168, 1.
Jurisdiction
Tennessee