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2011 Ohio Revised Code
Title [11] XI FINANCIAL INSTITUTIONS
Chapter 1151: SAVINGS AND LOAN ASSOCIATIONS - GENERALLY
1151.21 Assessments.


OH Rev Code § 1151.21 What's This?

A building and loan association may assess and collect from members and others, such dues, fines, interest and premium on loans made, or other assessments as are provided for in its constitution and bylaws. Such assessments shall not be deemed usury, although in excess of the legal rate of interest.

Effective Date: 10-01-1953

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