Tennessee HB 129: Public Funds and Financing - As enacted, deauthorizes the use of promissory notes secured by a first mortgage or a first deed of trust upon residential real property as collateral by banks in which public funds are invested or deposited by a governmental entity for investments or deposits above the insurance limitations provided by the FDIC. - Amends TCA Section 9-1-107.

Status: Comp. became Pub. Ch. 83 (as of 2023-04-18)

State: Tennessee · Session: 113 · Bill: HB 129

Subjects: Public Funds and Financing

Sponsors: Capley

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