Tennessee Code 45-4-610 – State chartered credit unions – Power to make loans – Interest rate
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Terms Used In Tennessee Code 45-4-610
- State: when applied to the different parts of the United States, includes the District of Columbia and the several territories of the United States. See Tennessee Code 1-3-105
Subject to the limitations on maximum effective rates of interest and service charges contained in §§ 45-4-601 – 45-4-604, a credit union chartered by the state of Tennessee has the power to make loans upon the same terms and conditions as permitted credit unions chartered by the federal government.