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Home » US Law » 2022 Ohio Revised Code » Title 13 | Commercial Transactions » Chapter 1321 | Various Loans » Section 1321.411 | Short-Term Loan Collection Limitations.

Effective: October 29, 2018

Latest Legislation: House Bill 123 – 132nd General Assembly

A licensee shall not attempt to collect from a borrower’s account after two consecutive attempts have failed, unless the licensee obtains new written authorization from the borrower to electronically transfer or withdraw funds from the borrower’s account.

Last updated November 5, 2021 at 5:31 PM