Ohio § 1127.03
Full text of Ohio Ohio Revised Code § 1127.03, with citation guidance and answers to common questions.
§ 1127.03.
(A) No regulated person shall, except as provided by law, stipulate for or receive any
fee, commission, gift, or thing of value from any person for procuring or endeavoring
to procure for that person, or for any other person, any loan, extension or renewal
of a loan, or substitution of security from any bank or trust company, or the purchase,
discount, or acceptance of any paper, note, draft, check, or bill of exchange by any
bank or trust company. (B) Division (A) of this section does not prohibit any bona fide salary, wages, fees,
or other compensation paid, or expenses reimbursed, in the usual course of business
by a bank or trust company to a regulated person, or normal business amenities that
facilitate the discussion of business, foster good business relations, or serve some
other demonstrable business purpose.
Frequently Asked Questions About Ohio § 1127.03
What does Ohio Revised Code § 1127.03 cover?
Section 1127.03 is part of the Ohio Revised Code, the codified statutory law of Ohio. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Ohio § 1127.03?
A common citation format is "Ohio Revised Code § 1127.03" (Ohio). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Ohio law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Ohio official source linked on this page or consult a licensed Ohio attorney.
How does Ohio § 1127.03 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Ohio can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Ohio.