Section 1640-01-21-.06 - INTEREST(1) To the extent that such obligation is not met, the amount becomes a loan and must be repaid plus interest at nine percent (9%) per annum from the date of disbursement.Tenn. Comp. R. & Regs. 1640-01-21-.06
Public necessity rule filed October 23, 2008; effective through April 6, 2009. Public necessity rule filed October 23, 2008; effective through April 6, 2009. Public necessity rule filed October 23, 2008 and effective through April 6, 2009, expired on April 7, 2009; rule reverted to its previous status. Original rule filed January 30, 2009; effective May 29, 2009.Authority: T.C.A. §§ 49-4-201, 49-4-902, 49-4-924, and 49-4-939.