Insurance of thrift certificates

Tenn. Code Ann. § 45-5-604, under Industrial Banks and Industrial Investment Companies.

Tenn. Code Ann. § 45-5-604

For the purpose of providing for the insurance of thrift certificates, chapter 2, part 8 of this title shall be fully applicable to qualified industrial banks and to thrift certificates issued by them, and for that purpose, the word “bank” as used in that part includes “industrial bank” and the word “deposit” as used in that part includes “thrift certificate.”