§ 2356
TITLE 10: LOCAL LAWS
DIVISION 2: SECOND SENATORIAL DISTRICT (TINIAN, ETC.)
§ 2356. Tinian Stable Token Reserve Requirements. (a) The total US dollar value of the Tinian Stable Token Reserve Account (TSTRA) shall, at all times, be greater than or equal to the number of Tinian Stable Token (TST) in circulation. (b) No new TST shall be issued into circulation if such issuance will make the US dollar value of the TSTRA less than the US dollar value of the Tinian Stable Token in circulation. (c) No expenditure shall be made from the TSTRA if such expenditure will make the US dollar-value of the TSTRA less than the US dollar value of the Tinian Stable Token in circulation. Source: TLL 24-03, § 6 (May 19, 2025). Commission Comment: In codifying TLL 24-03, the Commission renumbered “§ 106” to “§ 2356” pursuant to 1 CMC § 3806(a).