All state banks shall maintain reserves against deposits in an amount and in such manner as meet the reserve requirements of the Federal Reserve Bank as published in Regulation D (12 CFR 204).

Authority: T.C.A. § 45-2-709 and Chapter 226 of the Public Acts of 1981. Administrative History: Original rule filed August 25, 1981; effective October 9, 1981. Repeal and new rule filed January 30, 1985; effective April 16, 1985.