2006 Ohio Revised Code - 2905.22. Extortionate extension of credit; criminal usury.

§ 2905.22. Extortionate extension of credit; criminal usury.
 

(A)  No person shall: 

(1) Knowingly make or participate in an extortionate extension of credit; 

(2) Knowingly engage in criminal usury; 

(3) Possess any writing, paper, instrument, or article used to record criminally usurious transactions, knowing that the contents record a criminally usurious transaction. 

(B)  Whoever violates division (A)(1) or (2) of this section is guilty of a felony of the fourth degree. Whoever violates division (A)(3) of this section is guilty of a misdemeanor of the first degree. 
 

HISTORY: 137 v H 88 (Eff 10-9-78); 146 v S 2. Eff 7-1-96.
 

Not analogous to former RC § 2905.22 (GC § 13031-7; 101 v 50; Bureau of Code Revision, 10-1-53), repealed 134 v H 511, § 2, eff 1-1-74.

The effective date is set by section 6 of SB 2.