Current as of January 01, 2020 | Updated by FindLaw Staff
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(A) A licensee shall not make a loan under sections 1321.01 to 1321.19 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 licensee shall not engage in any act or practice to evade the requirement of division (A) of this section, including by assisting a borrower to obtain a loan on terms that would be prohibited by that division.
(C) No licensee shall fail to comply with this section.
Cite this article: FindLaw.com - Ohio Revised Code Title XIII. Commercial Transactions § 1321.141 - last updated January 01, 2020 | https://codes.findlaw.com/oh/title-xiii-commercial-transactions/oh-rev-code-sect-1321-141/
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