SB694 — AN ACT to amend Tennessee Code Annotated, Title 45, Chapter 5, relative to industrial loan and thrift companies.

SB694 — AN ACT to amend Tennessee Code Annotated, Title 45, Chapter 5, relative to industrial loan and thrift companies. · Informed CitizenryThis bill amends Tennessee Code Annotated Title 45, Chapter 5, regarding industrial loan and thrift companies. It establishes a maximum effective rate of 36% per annum for loans where the amount fi…Open in Informed Citizenry