Section 1349.61 | Sale of Gift Card Expiring Within Two Years of Sale Prohibited.
Effective: July 3, 2019 Latest Legislation: House Bill 62 – 133rd General Assembly (A)(1) Subject to division (C) of this section, no person or entity shall sell a gift card to a purchaser containing an expiration date that is less than two years after the date the gift card is issued. (2) No person or […]
Section 1349.65 | High-Volume Seller Definitions.
Effective: July 6, 2022 Latest Legislation: House Bill 272 – 134th General Assembly As used in sections 1349.65 to 1349.76 of the Revised Code: (A) “Consumer product” has the same meaning as in section 101 of the “Magnuson-Moss Warranty-Federal Trade Commission Improvement Act,” 15 U.S.C. 2301 and 16 C.F.R. 700.1. (B) “High-volume third party seller” […]
Section 1349.66 | High-Volume Seller Notification Requirements.
Effective: July 6, 2022 Latest Legislation: House Bill 272 – 134th General Assembly (A) An online marketplace shall require any high-volume third party seller on such online marketplace’s platform to provide, not later than ten days after qualifying as a high-volume third party seller on the platform, all of the following information to the online […]
Section 1349.67 | High-Volume Seller Disclosure Requirements.
Effective: July 6, 2022 Latest Legislation: House Bill 272 – 134th General Assembly (A) An online marketplace shall do both of the following: (1) Verify the information collected under division (A) of section 1349.66 of the Revised Code not later than ten days after such collection; (2) Verify any change to such information not later […]
Section 1349.31 | Criminal Proceedings Initiated.
Effective: December 28, 2009 Latest Legislation: Senate Bill 124 – 128th General Assembly (A)(1) No creditor shall willfully and knowingly fail to comply with section 1349.26 or 1349.27 of the Revised Code. For purposes of division (A)(1) of this section, “willfully and knowingly” has the same meaning as in section 112 of the “Truth in […]
Section 1349.32 | Conforming Ohio Law to Federal Law.
Effective: May 24, 2002 Latest Legislation: House Bill 386 – 124th General Assembly The purpose of sections 1349.25 to 1349.36 of the Revised Code is to bring Ohio law into conformance with the “Home Ownership and Equity Protection Act of 1994,” 108 Stat. 2190, 15 U.S.C.A. 1601 note, as amended, and the regulations and interpretations […]
Section 1349.33 | Rules Adopting Similar Provisions Where Federal Law Is Amended or Modified.
Effective: May 24, 2002 Latest Legislation: House Bill 386 – 124th General Assembly (A) Notwithstanding any provision of sections 1349.25 to 1349.36 of the Revised Code, or any rule adopted thereunder, if the “Home Ownership and Equity Protection Act of 1994,” 108 Stat. 2190, 15 U.S.C.A. 1601 note, as amended, or any regulation adopted thereunder […]
Section 1349.34 | Examination and Investigation of Records.
Effective: May 24, 2002 Latest Legislation: House Bill 386 – 124th General Assembly (A) As often as the superintendent of financial institutions considers it necessary, the superintendent may examine a person’s records regarding covered loans. The superintendent may recover from the person any costs incurred in connection with and reasonably related to the examination. (B) […]
Section 1349.35 | Annual Report.
Effective: May 24, 2002 Latest Legislation: House Bill 386 – 124th General Assembly The superintendent of financial institutions shall include, as part of the annual report required by section 1181.09 of the Revised Code, the number of complaints received, the number of enforcement actions taken, and any other relevant data regarding covered loans.
Section 1349.36 | Administrative Rules.
Effective: May 24, 2002 Latest Legislation: House Bill 386 – 124th General Assembly The superintendent of financial institutions may, in accordance with Chapter 119. of the Revised Code, adopt reasonable rules to administer and enforce sections 1349.25 to 1349.35 of the Revised Code and to carry out the purpose of those sections as stated in […]