Terms Used In Tennessee Code 45-4-610

  • State: when applied to the different parts of the United States, includes the District of Columbia and the several territories of the United States. See Tennessee Code 1-3-105

Subject to the limitations on maximum effective rates of interest and service charges contained in §§ 45-4-601 – 45-4-604, a credit union chartered by the state of Tennessee has the power to make loans upon the same terms and conditions as permitted credit unions chartered by the federal government.