Section 45-3-803 - Forms - Records - Accounting practices

Every association shall use forms, and keep other records, including, but not limited to, those of its stockholders or members, that the commissioner may from time to time require. Subject to any rules or regulations promulgated by the commissioner, every association shall observe accounting principles and practices that are in accordance with generally accepted accounting principles and practices.Acts 1978, ch. 708, § 3.03; T.C.A., § 45-1510.