0180-10-01-.08

Tenn. Comp. R. & Regs. 0180-10-01-.08

Other General Prohibitions

Effective Oct 27, 1980Authority: T.C.A. §§ 45-4-1001 and 45-4-501(3).Tennessee Department of Financial Institutions

(1) A credit union may not engage in the following investment activities.
1. (a) adjusted trading;
2. (b) short sales; and
3. (c) the purchase or sale of a futures contract.

Authority: T.C.A. §§ 45-4-1001 and 45-4-501(3). Administrative History: Original rule filed September 11, 1980; effective October 27, 1980.