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TN · constitutions

Tenn. Const. art. XI, § 7

activein force · 2026-09-29 – presentas-observed

The General Assembly shall define and regulate interest, and set maximum effective rates thereof.

If no applicable statute is hereafter enacted, the effective rate of interest collected shall not exceed ten percent (10%) per annum.

All provisions of existing statutes regulating rates of interest and other charges on loans shall remain in full force and effect until July 1, 1980, unless earlier amended or repealed.

Provenance

Source
sos.tn.gov
Retrieved
2026-09-29
Edition
supplied-2026-09-29
Content hash
7bcce7eebc0d428fb971cc9d66cbf3b7213150f38eb1f4e109e7a6f7fe47fd5f
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