In any transaction otherwise subject to this chapter which is not subject to the disclosure requirements of the federal Consumer Credit Protection Act, where the transaction bears a reasonable relationship to this state and also to another state or nation, the parties may agree in the written contract evidencing such transaction that the laws of this state or of any other such state or nation shall govern their rights and duties with respect to interest, loan charges, commitment fees, and brokerage commissions.
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