Tenn. Comp. R. & Regs. 0780-01-14-.19
Any security shall be exempt from the operation of T.C.A. § 56-3-704 to the extent necessary to render lawful under such section the execution by a broker of an order for an account in which he has no direct or indirect interest.
Authority: T.C.A. §56-3-708 to implement T.C.A. §56-3-702. Administrative History: Original rule certified June 10, 1974. OF EQUITY SECURITIES OF A DOMESTIC STOCK INSURANCE COMPANY