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2025 Ohio Revised Code
Title 13 | Commercial Transactions
Chapter 1321 | Various Loans
Section 1321.571 | General Loan Alternative Interest Rate.
Universal Citation:
OH Rev Code § 1321.571 (2025)
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Effective: February 11, 1982
Latest Legislation: House Bill 526 - 114th General Assembly
As an alternative to the interest permitted in division (A) of section 1321.57 and in division (B) of section 1321.58 of the Revised Code, a registrant may contract for and receive interest at any rate or rates agreed upon or consented to by the parties to the loan contract or open-end loan agreement, but not exceeding an annual percentage rate of twenty-five per cent.
Last updated November 5, 2021 at 3:47 PM
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