Tennessee § 9-9-204 - Removal of statutory limitations on interest rates.
Full text of Tennessee Tennessee Code Annotated § 9-9-204 — Removal of statutory limitations on interest rates., with citation guidance and answers to common questions.
§ 9-9-204. Removal of statutory limitations on interest rates.
Whenever the interest rate or rates determined by resolution of the funding board exceed those contained in the act or acts authorizing the issuance of such bonds, the rate or rates determined by the funding board shall prevail, it being the legislative intent to remove all statutory limitations regarding maximum interest rates and all such limitations are hereby expressly removed; provided, that the maximum rate determined by the funding board in no instance shall exceed the rate as provided by § 47-14-103 . Acts 1957, ch. 186, § 2; T.C.A., § 9-922; Acts 1981, ch. 128, § 3; 2010, ch. 982, § 4.
Source: official Tennessee text · Last verified 2026-08-27
Frequently Asked Questions About Tennessee § 9-9-204
What does Tennessee Code Annotated § 9-9-204 cover?
Section 9-9-204 ("Removal of statutory limitations on interest rates.") is part of the Tennessee Code Annotated, the codified statutory law of Tennessee. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Tennessee § 9-9-204?
A common citation format is "Tennessee Code Annotated § 9-9-204" (Tennessee). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Tennessee law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Tennessee official source linked on this page or consult a licensed Tennessee attorney.
How does Tennessee § 9-9-204 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Tennessee can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Tennessee.