Part Definitions

  1. Law
  2. Tennessee Code
  3. Banks and Financial Institutions
  4. Banking Institutions
  5. Membership in Federal Reserve Banks
  6. Part Definitions

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As used in this part, unless the context otherwise requires:

  1. “Federal Reserve Act” includes the act of congress of the United States approved December 23, 1913, as amended;
  2. “Federal reserve bank” means the federal reserve banks created and organized under the authority of the Federal Reserve Act;
  3. “Federal reserve board” means the federal reserve board, created and described in the Federal Reserve Act; and
  4. “Member bank” means any national bank, state bank, or banking and trust company that has become or that becomes a member of one (1) of the federal reserve banks created by the Federal Reserve Act.


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