Contracts to which the applicable formula rate provided in § 47-14-103(2) applies may provide for the payment of a fixed rate of interest, a variable rate of interest or any combination of fixed and variable rates in any sequence, subject to this section.
Structure 2021 Tennessee Code
Title 47 - Commercial Instruments and Transactions
Chapter 14 - Interest Rates Generally
§ 47-14-101. Judgments Rendered in Dollars and Cents
§ 47-14-103. Maximum Effective Rates Generally
§ 47-14-106. Contracts for Applicable Formula Rates of Interest
§ 47-14-108. Prepayment of Loans — Contracts Restricting Prepayment of Loans
§ 47-14-111. Actions to Recover Usury
§ 47-14-112. Usury a Misdemeanor — Penalty
§ 47-14-114. Actions to Recover Excess Loan Charges, Commitment Fees, or Brokerage Commissions
§ 47-14-116. Usury or Excessive Charges — Reliance on Statute, Rule, or Order
§ 47-14-122. Interest on Judgments — Computation