Effective: June 29, 1988 Latest Legislation: Senate Bill 130 – 117th General Assembly (A) The parties to a bond, bill, promissory note, or other instrument of writing for the forbearance or payment of money at any future time, may stipulate therein for the payment of interest upon the amount thereof at any rate not exceeding […]
Effective: December 28, 2009 Latest Legislation: Senate Bill 124 – 128th General Assembly (A) As used in this section: (1) “Discount points” means any charges, whether or not actually denominated as “discount points,” that are paid by the seller or the buyer of residential real property to a residential mortgage lender or that are deducted […]
Effective: July 1, 1962 Latest Legislation: Senate Bill 5 – 104th General Assembly Upon all judgments, decrees, or orders, rendered on any bond, bill, note, or other instrument of writing containing stipulations for the payment of interest in accordance with section 1343.01 of the Revised Code, interest shall be computed until payment is made at […]
Effective: September 8, 2016 Latest Legislation: House Bill 166 – 131st General Assembly (A) In cases other than those provided for in sections 1343.01 and 1343.02 of the Revised Code, when money becomes due and payable upon any bond, bill, note, or other instrument of writing, upon any book account, upon any settlement between parties, […]
Effective: May 18, 2005 Latest Legislation: House Bill 426 – 125th General Assembly (A) As used in this section: (1) “Active duty” means active duty pursuant to an executive order of the president of the United States, an act of the congress of the United States, or section 5919.29 or 5923.21 of the Revised Code. […]
Effective: July 1, 1962 Latest Legislation: Senate Bill 5 – 104th General Assembly Payments of money or property made by way of usurious interest, whether made in advance or not, as to the excess of interest above the rate allowed by law at the time of making the contract, shall be taken to be payments […]
Effective: July 1, 1962 Latest Legislation: Senate Bill 5 – 104th General Assembly No debtor is deemed a particeps criminis on account of having paid, or agreeing to pay, the exorbitant interest mentioned in section 1343.04 of the Revised Code, but he shall have like remedy and relief in either case. No bona fide indorsee […]
