All funds deposited with a bank or other financial institution shall be secured by collateral in the same manner and under the same conditions as state deposits under title 9, chapter 4, parts 1 and 4, or as provided in a collateral pool created under title 9, chapter 4, part 5.
Security of district funds by depositories
Tenn. Code Ann. § 7-86-126, under Emergency Communications District Law.
Tenn. Code Ann. § 7-86-126