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2025 Ohio Revised Code
Title 13 | Commercial Transactions
Chapter 1321 | Various Loans
Section 1321.592 | Prohibited General Loans by Registrants.
Universal Citation:
OH Rev Code § 1321.592 (2025)
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Effective: October 29, 2018
Latest Legislation: House Bill 123 - 132nd General Assembly
( A) A registrant shall not make a loan under sections 1321.51 to 1321.60 of the Revised Code that meets either of the following conditions:
(1) The amount of the loan is one thousand dollars or less.
(2) The loan has a duration of one year or less.
(B) A registrant shall not engage in any act or practice to evade the requirement of division (A) of this section, including by contracting with a borrower to make a loan on terms that would be prohibited by that division.
(C) No registrant shall fail to comply with this section.
Last updated November 5, 2021 at 3:53 PM
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