Tenn. Code Ann. § 45-15-102

Purpose

Known as the Tennessee Title Pledge Act

The act spans §§ 45–45 (23 sections).

Applied in 1 court decision — leading case Brown v. Tennessee Title Loans, Inc. (2010)

Most recently applied in Brown v. Tennessee Title Loans, Inc. (November 2010)

Acts 1995, ch. 186, § 13; 2005, ch. 440, § 1.

The making of title pledge loans vitally affects the general economy of this state and the public interest and welfare of its citizens. It is the policy of this state and the purpose of this chapter to:

(1) Ensure a sound system of making title pledge loans through statewide licensing of title pledge lenders by the department of financial institutions;

(2) Establish licensing requirements;

(3) Provide for the examination and regulation of title pledge lenders by the department of financial institutions; and

(4) Ensure financial responsibility to the public.

Current official text: Tennessee Code (LexisNexis). Digitized from the UniCourt Code Improvement Commission public-domain capture. Reproduced from public-domain Tennessee statutes; confirm against the official source for the current text. Not legal advice.