Ohio Statutes

§ 1319.09 — Loans without nonrecourse loan provisions

Ohio § 1319.09
JurisdictionOhio
Title 13Commercial Transactions
Ch. 1319Miscellaneous Credit Transactions

This text of Ohio § 1319.09 (Loans without nonrecourse loan provisions) is published on Counsel Stack Legal Research, covering Ohio primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
Ohio Rev. Code Ann. § 1319.09 (2026).

Text

Section1319.08of the Revised Code does not prohibit a loan that is secured by a mortgage on real property located in this state from being fully recourse to the borrower or guarantor, including, but not limited to, as a result of a postclosing solvency covenant, if the loan documents for that loan do not contain nonrecourse loan provisions.

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Legislative History

Effective: March 27, 2013 | Latest Legislation: House Bill 479 - 129th General Assembly

Nearby Sections

10
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Bluebook (online)
Ohio § 1319.09, Counsel Stack Legal Research, https://law.counselstack.com/statute/oh/1319.09.