SB256 — Interest Rates - As enacted, increases the amount of interest that may be charged by an industrial loan and thrift company on certain loan amounts in excess of $100. - Amends TCA Section 45-5-301.

SB256 — Interest Rates - As enacted, increases the amount of interest that may be charged by an industrial loan and thrift company on certain loan amounts in excess of $100. - Amends TCA Section 45-5-301. · Informed CitizenrySenate Bill 256 amends Tennessee Code Annotated Section 45-5-301 to update the interest rates that industrial loan and thrift registrants may charge. The bill specifies that for loans of less than…Open in Informed Citizenry