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2022 Ohio Revised Code
Title 13 | Commercial Transactions
Chapter 1321 | Various Loans
Section 1321.791 | Insurance Premium Finance Company Alternative Finance Charges.
Universal Citation: OH Rev Code § 1321.791 (2022)
Effective: February 11, 1982
Latest Legislation: House Bill 526 - 114th General Assembly
As an alternative to the finance charges permitted by division (C) of section 1321.79 of the Revised Code, a premium finance company may contract for and receive finance charges at any rate or rates agreed upon or consented to by the parties to the premium finance agreement or revolving credit premium finance agreement, but not exceeding an annual percentage rate of twenty-five per cent.
Last updated November 5, 2021 at 5:13 PM
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