Tennessee Statutes

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

Tennessee·Title 47
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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Tennessee § 47-14-116 (Usury or excessive charges - Reliance on statute, rule, or order) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.

Legislative History

Acts 1979, ch. 203, § 15.

Nearby Sections

15
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