Tennessee Statutes
§ 45-2-1903 — Part definitions - Credit card accounts
Tennessee·Title 45
(a)For purposes of this part, unless the context otherwise requires:
(1)"Bank" means a credit card state bank established and operated in accordance with § 45-2-1902 or a domestic lender;
(2)"Credit card account" or "credit card plan" means any account that can be accessed by a credit card, including a debit card with a credit feature, whereby the cardholder may obtain loans from time to time either by credit card cash advance or by the purchase or satisfaction by the bank of obligations of the cardholder incurred pursuant to a credit card. "Cardholder" includes borrowers and other primary obligors on loans. With regard to a state credit card bank electing to make loans pursuant to § 45-2-1902(d)(5) , and with regard to a domestic lender electing to make loans pursuant to §§ 45-2-1901 -
Free access — add to your briefcase to read the full text and ask questions with AI
Tennessee § 45-2-1903 (Part definitions - Credit card accounts) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
Acts 1993, ch. 447, § 6; 1999, ch. 168, §§ 3, 4; 2001, ch. 54, § 34.
Nearby Sections
15
§ 45-1-101
Short title§ 45-1-103
General definitions§ 45-1-104
Department to execute laws§ 45-1-106
Salary of commissioner§ 45-1-107
Powers and duties of commissioner§ 45-1-109
Oaths of office§ 45-1-111
Limitation of personal liability§ 45-1-112
Official seal§ 45-1-113
Office facilities§ 45-1-116
Examiners - Employment and duties