Tenn. Comp. R. & Regs. 0780-01-27-.16

Current through December 10, 2024
Section 0780-01-27-.16 - EXCLUSIONS FROM INITIAL LOAN CHARGES

Any charge collected by an association in connection with the making of a loan, in which the association merely collects the charge and pays the amount so collected to another, shall not be included in the computation of Initial Loan Charges as above required. Such charges may include such officers' fees as are provided by the By-Laws of the association, and fees for title examination, appraisal and inspection fees, recording costs, documentary stamps and other charges of a similar nature.

Tenn. Comp. R. & Regs. 0780-01-27-.16

Original Rule certified June 10, 1974.

Authority: T.C.A. §45-1303.