2020 Tennessee Code
Title 47 - Commercial Instruments and Transactions
Chapter 14 - Interest Rates Generally
§ 47-14-101. Judgments Rendered in Dollars and Cents

Universal Citation: TN Code § 47-14-101 (2020)

All verdicts and judgments shall be rendered in dollars and cents, or such parts thereof as the nature of the case may require. Executions thereon, and all bills of costs, shall be issued accordingly.

Code 1858, § 1942 (deriv. Acts 1798-1799, ch. 19, § 1); Shan., § 3491; mod. Code 1932, § 7299; T.C.A. (orig. ed.), § 47-1601; Acts 1976, ch. 737, § 1; 1979, ch. 203, § 25.

Compiler's Notes. In light of the amendment of this chapter by Acts 1979, ch. 203, which substantially modified the law on interest, usury, loan charges, and related matters, caution is urged in the use of cases noted under this chapter and decided under pre-1979 provisions.

Textbooks. Tennessee Jurisprudence, 16 Tenn. Juris., Judgments and Decrees, § 23; 24 Tenn. Juris., Usury, § 2.

Law Reviews.

The Procedural Details of the Proposed Tennessee Rules of Appellate Procedure, VII. Disposition of Appeals (John L. Sobieski, Jr.), 46 Tenn. L. Rev. 90.

Attorney General Opinions. Legality of certain lending transactions, OAG 96-054 (3/27/96).

Cities and counties lack statutory authority to regulate mortgage transactions, OAG 03-016 (2/11/03).

Comparative Legislation. Interest rates:

Ala.  Code §8-8-1 et seq.

Ark.  Code §4-57-101 et seq.

Ga. O.C.G.A. §7-4-1 et seq.

Ky. Rev. Stat. Ann. § 360.010 et seq.

Miss.  Code Ann. §75-17-1 et seq.

Mo. Rev. Stat. § 408.015 et seq.

N.C. Gen. Stat. § 24-1 et seq.

Va. Code § 6.2-300 et seq.

Cited: Leffew v. Kugler, 220 B.R. 598, 1998 U.S. Dist. LEXIS 4311 (E.D. Tenn. 1998); Hathaway v. First Family Fin. Servs., 1 S.W.3d 634, 1999 Tenn. LEXIS 408 (Tenn. 1999); Wise Constr., LLC v. Boyd, — S.W.3d —, 2011 Tenn. App. LEXIS 124 (Tenn. Ct. App. Mar. 14, 2011).

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