Tennessee § 56-6-306 - Transactions not loans — Industrial loan and thrift companies provisions inapplicable.
Full text of Tennessee Tennessee Code Annotated § 56-6-306 — Transactions not loans — Industrial loan and thrift companies provisions inapplicable., with citation guidance and answers to common questions.
§ 56-6-306. Transactions not loans — Industrial loan and thrift companies provisions inapplicable.
Time-price differential transactions as described in this part shall not be deemed to be loans or forbearances of money or things of value or the making of the loans or forbearances, nor shall they be regulated by or subject to title 45, chapter 5. Acts 1965, ch. 356, § 6; impl. am. Acts 1979, ch. 204, §§ 8, 26; T.C.A., § 56-719.
Source: official Tennessee text · Last verified 2026-08-27
Frequently Asked Questions About Tennessee § 56-6-306
What does Tennessee Code Annotated § 56-6-306 cover?
Section 56-6-306 ("Transactions not loans — Industrial loan and thrift companies provisions inapplicable.") 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 § 56-6-306?
A common citation format is "Tennessee Code Annotated § 56-6-306" (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 § 56-6-306 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.