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    COMMISSIONER GONZALES ANNOUNCES WEEKLY FORMULA RATE JANUARY 16, 2019

    Wednesday, January 16, 2019 | 08:58am

    NASHVILLE--Tennessee Department of Financial Institutions Commissioner Greg Gonzales announced today that the maximum effective formula rate of interest in Tennessee is 9.50 percent per annum. The rate is based on a ceiling of 4 percent over the weekly average prime loan rate of 5.50 percent as published by the Federal Reserve on January 15, 2019.

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    December 2018 Revenues

    Tuesday, January 15, 2019 | 01:43pm

    Tennessee Department of Finance and Administration Commissioner Larry Martin announced today that revenues for December were $17.2 million higher than the $1.3 billion estimate for the month, but were 3.0% less than December 2017.

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