Tenn. Comp. R. & Regs. 0780-01-27-.31

Current through June 26, 2024

Section 0780-01-27-.31 - CURRENT AND DEFERRED INCOME

These regulations shall not be construed as enlarging , changing, modifying or amending the usury laws of the State of Tennessee, but rather as establishing accounting principles. In accounting, for the purpose of calculating income, items of deferred income and direct and indirect loan charges shall be treated as set out in the following rules.

Tenn. Comp. R. & Regs. 0780-01-27-.31

Original Rule certified June 10, 1974.

Authority: T.C.A. §45-1303.