(a) Notwithstanding any law or regulation to the contrary, any reference to a separate account in state law is deemed to mean a separate account within the state’s accounting system and shall not require establishment of a separate account in a state depository.
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Terms Used In Tennessee Code 9-4-202

  • State: when applied to the different parts of the United States, includes the District of Columbia and the several territories of the United States. See Tennessee Code 1-3-105
(b) Any reference to separate collateral shall be satisfied if sufficient total collateral is maintained in accordance with parts 1-4 of this chapter.
(c) Any reference to separate bond shall be satisfied through coverage of the state treasurer by the state’s blanket surety bond pursuant to § 4-4-108.
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