Ohio § 1321.35
Full text of Ohio Ohio Revised Code § 1321.35, with citation guidance and answers to common questions.
§ 1321.35.
As used in sections 1321.35 to 1321.48 of the Revised Code : (A) “ Short-term loan ” means a loan made pursuant to sections 1321.35 to 1321.48 of the Revised Code . (B) “ Superintendent of financial institutions ” includes the deputy superintendent for consumer finance as provided in section 1181.21 of the Revised Code . (C) “ Interest ” means all charges payable directly or indirectly by a borrower to a licensee as
a condition to a loan, including fees, service charges, renewal charges, and any ancillary
product sold in connection with a short-term loan, but does not include the monthly
maintenance fees, the loan origination charge, the check collection charge, or the
check cashing fee authorized under section 1321.40 of the Revised Code . (D) “Annual percentage rate” has the same meaning as in the “Truth in Lending Act,” 82
Stat. 149 (1980), 15 U.S.C. 1606 , as implemented by regulations of the consumer financial protection bureau. All fees and charges, including interest and the loan origination charge and monthly
maintenance fees authorized under section 1321.40 of the Revised Code , shall be included in the computation of the annual percentage rate. (E) “ Licensee ” means a person licensed to make short-term loans under sections 1321.35 to 1321.48 of the Revised Code .
Frequently Asked Questions About Ohio § 1321.35
What does Ohio Revised Code § 1321.35 cover?
Section 1321.35 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 § 1321.35?
A common citation format is "Ohio Revised Code § 1321.35" (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 § 1321.35 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.