Tennessee Code 47-14-110 – Usury as a defense

Current as of: 2024 | Check for updates | Other versions

(a) A defendant sued for money may avoid the excess over lawful interest by pleading usury, setting forth the amount of such excess.

lawyer at desk

Ask a legal question, get an answer ASAP!
Click here to chat with a lawyer about your rights.

Terms Used In Tennessee Code 47-14-110

Defendant: In a civil suit, the person complained against; in a criminal case, the person accused of the crime.
Usury: Charging an illegally high interest rate on a loan. ^{Source: OCC}

(b) In order to sustain a defense of usury, the burden is on the party claiming usury.

Previous section

Part 1 Contents