Tennessee Code 47-14-112 – Usury a misdemeanor – Penalty
Current as of: 2024 | Check for updates
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Attorney's Note
Under the Tennessee Code, punishments for crimes depend on the classification. In the case of this section:Class | Prison | Fine |
---|---|---|
class A misdemeanor | up to 11 months | up to $2,500 |
Terms Used In Tennessee Code 47-14-112
- Usury: Charging an illegally high interest rate on a loan. Source: OCC
The willful collection of usury is a Class A misdemeanor.