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.
Tenn. Code Ann. § 45-4-610
State chartered credit unions — Power to make loans — Interest rate
Acts 1976, ch. 278, § 1; 1979, ch. 207, § 2; T.C.A., § 45-1849.
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.