Ohio § 1321.391 Short-term loans of longer than 90 days

Ohio Statutes

§ 1321.391 — Short-term loans of longer than 90 days

Ohio § 1321.391

Title 13Commercial Transactions

Ch. 1321Various Loans

This text of Ohio § 1321.391 (Short-term loans of longer than 90 days) 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. § 1321.391 (2026).

Text

If the duration of a short-term loan is  ninety-one days or greater, the licensee shall determine the recommended length of a  loan based on the borrower's verified monthly income as described in division (B)(2) of section1321.39of the Revised Code. The licensee shall provide the borrower with a written copy of its recommendation, which is not binding on the borrower.

Last updated November 4, 2021 at 4:06 PM

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If the duration of a short-term loan is ninety-one days or greater, the licensee shall determine the recommended length of a loan based on the borrower's verified monthly income as described in division (B)(2) of section1321.39of the Revised Code. The licensee shall provide the borrower with a written copy of its recommendation, which is not binding on the borrower.

Last updated November 4, 2021 at 4:06 PM