Tennessee § 47-14-116 Usury or excessive charges - Reliance on statute, rule, or order

Tennessee Statutes

§ 47-14-116 — Usury or excessive charges - Reliance on statute, rule, or order

Tennessee § 47-14-116

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This text of Tennessee § 47-14-116 (Usury or excessive charges - Reliance on statute, rule, or order) is published on Counsel Stack Legal Research, covering Tennessee primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Tenn. Code Ann. § 47-14-116 (2026).

Text

A claim or defense based on usury or excessive loan charges, commitment fees, or brokerage commissions will not be sustained where the person against whom the claim or defense is made, in computing and making such charges, fees, or commissions, has relied on a statute, or a rule or regulation promulgated by an administrative agency, or on the final order of any such administrative agency in a proceeding involving such person.

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A claim or defense based on usury or excessive loan charges, commitment fees, or brokerage commissions will not be sustained where the person against whom the claim or defense is made, in computing and making such charges, fees, or commissions, has relied on a statute, or a rule or regulation promulgated by an administrative agency, or on the final order of any such administrative agency in a proceeding involving such person.