Section 1351.03 | Provisions Prohibited in Lease-Purchase Agreement.
Effective: June 29, 1988 Latest Legislation: House Bill 421 – 117th General Assembly (A) A lease-purchase agreement shall not contain a provision that requires a lessee to do any of the following: (1) Execute a warrant of attorney to confess judgment; (2) Authorize the lessor or an agent of the lessor to commit a breach […]
Section 1351.04 | Terms That May Not Be Required.
Effective: June 29, 1988 Latest Legislation: House Bill 421 – 117th General Assembly A lessor shall not require any of the following from a lessee: (A) The purchase of insurance from the lessor for property that is the subject of a lease-purchase agreement; (B) Any payment in addition to the number of lease payments specified […]
Section 1351.05 | Reinstatement of Agreement After Default.
Effective: June 20, 1988 Latest Legislation: House Bill 421 – 117th General Assembly (A) A lessee who fails to make timely lease payments has the right to reinstate the original lease-purchase agreement without losing any rights or options previously acquired under the lease-purchase agreement within three lease terms after the expiration of the last lease […]
Section 1351.06 | Acquiring Ownership When 50% of Payments Equals Cash Price.
Effective: June 29, 1988 Latest Legislation: House Bill 421 – 117th General Assembly (A) No lessor shall offer a lease-purchase agreement in which fifty per cent of all lease payments necessary to acquire ownership of the leased property exceed the cash price of the leased property. When fifty per cent of all lease payments made […]
Section 1349.80 | Live Musical Performance Definitions.
Effective: September 30, 2011 Latest Legislation: Senate Bill 84 – 129th General Assembly As used in this section and section 1349.81 of the Revised Code: (A) “Performing group” means a vocal or instrumental group seeking to use the name of a recording group that previously released a commercial sound recording under the recording group’s name. […]
Section 1349.68 | High-Volume Seller Requirement Enforcement.
Effective: July 6, 2022 Latest Legislation: House Bill 272 – 134th General Assembly Data collected solely to comply with the requirements of this chapter shall not be used for any other purpose unless required by law. Last updated May 16, 2022 at 4:20 PM
Section 1349.69 | Security Procedures and Practices.
Effective: July 6, 2022 Latest Legislation: House Bill 272 – 134th General Assembly An online marketplace shall implement and maintain reasonable security procedures and practices, including administrative, physical, and technical safeguards, appropriate to the nature of the data and the purposes for which the data will be used, to protect the data collected to comply […]
Section 1349.70 | High-Volume Seller Duty to Disclose Certain Information.
Effective: July 6, 2022 Latest Legislation: House Bill 272 – 134th General Assembly (A) An online marketplace shall do both of the following: (1) Require any high-volume third party seller with an aggregate total of twenty thousand dollars or more in annual gross revenues on such online marketplace, and that uses such online marketplace’s platform, […]
Section 1349.71 | Partial Disclosure.
Effective: July 6, 2022 Latest Legislation: House Bill 272 – 134th General Assembly (A) Subject to division (B) of this section, upon the request of a high-volume third party seller, an online marketplace may provide for partial disclosure of the identity information required under division (B)(1) of section 1349.70 of the Revised Code in the […]
Section 1349.72 | Product Listing Disclosure.
Effective: July 6, 2022 Latest Legislation: House Bill 272 – 134th General Assembly An online marketplace shall disclose to consumers in a clear and conspicuous manner on the product listing of any high-volume third-party seller a reporting mechanism that allows for electronic and telephonic reporting of suspicious marketplace activity to the online marketplace. Last updated […]