Ohio § 1321.17
Full text of Ohio Ohio Revised Code § 1321.17, with citation guidance and answers to common questions.
§ 1321.17.
No loan made outside this state for which a greater rate of interest, consideration,
or charges than is authorized by sections 1321.01 to 1321.19 of the Revised Code has been charged, contracted for, or received is enforceable in this state and every
person participating therein in this state is subject to sections 1321.01 to 1321.19 of the Revised Code ; provided that this section does not apply to loans legally made in any state under
and in accordance with a regulatory loan law similar in principle to such sections. All loan contracts made with residents of this state are considered as made within
this state and subject to the laws of this state, regardless of any statement in the
contract or note to the contrary, except as to licensing if the lender is licensed
under and in accordance with a regulatory loan law similar in principle to such sections. A loan in an amount of five thousand dollars or less made to a borrower residing
in this state at the time the loan is made by a lender whose office is located outside
this state and whose primary business consists of making loans by mail is not enforceable
in this state for a greater rate of interest, consideration, or charges than is authorized
by sections 1321.01 to 1321.19 of the Revised Code .
Frequently Asked Questions About Ohio § 1321.17
What does Ohio Revised Code § 1321.17 cover?
Section 1321.17 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 § 1321.17?
A common citation format is "Ohio Revised Code § 1321.17" (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 § 1321.17 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.