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TENNESSEE STATUTES AND CODES
56-6-306 - Transactions not loans Industrial loan and thrift companies provisions inapplicable.
56-6-306. Transactions not loans Industrial loan and thrift companies provisions inapplicable.
Time-price differential transactions as described in this part shall not be deemed to be loans or forbearances of money or things of value or the making of the loans or forbearances, nor shall they be regulated by or subject to title 45, chapter 5.
[Acts 1965, ch. 356, § 6; impl. am. Acts 1979, ch. 204, §§ 8, 26; T.C.A., § 56-719.]
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