45-7-204 - Exemptions.

45-7-204. Exemptions.

This part does not apply to:

     (1)  The United States or any department or agency of the United States;

     (2)  The state of Tennessee or any political subdivision of the state;

     (3)  Banks, trust companies, credit unions, building and loan associations, savings and loan associations, savings banks or mutual banks organized under the laws of any state or the United States; and

     (4)  Transactions governed by title 56, or the rules and regulations promulgated solely under title 56.

[Acts 1994, ch. 715, § 1.]