Ohio § 1321.36
Full text of Ohio Ohio Revised Code § 1321.36, with citation guidance and answers to common questions.
§ 1321.36.
(A) No person shall engage in the business of making short-term loans to a borrower in
Ohio, or, in whole or in part, make, offer, or broker a loan, or assist a borrower
in Ohio to obtain such a loan, without first having obtained a license from the superintendent
of financial institutions under sections 1321.35 to 1321.48 of the Revised Code . (B) No person shall make, offer, or broker a loan, or assist a borrower to obtain a loan,
via the telephone or mail. (C) Any loan made in violation of this section is void, and the lender has no right to
collect, receive, or retain any principal, interest, fees, or other charges in connection
with the loan. (D) Sections 1321.35 to 1321.48 of the Revised Code do not apply to any entity chartered and lawfully doing business under the authority
of any law of this state, another state, or the United States as a bank, savings bank,
trust company, savings and loan association, or credit union, or a subsidiary of any
such entity, which subsidiary is regulated by a federal banking agency and is owned
and controlled by a depository institution.
Frequently Asked Questions About Ohio § 1321.36
What does Ohio Revised Code § 1321.36 cover?
Section 1321.36 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 § 1321.36?
A common citation format is "Ohio Revised Code § 1321.36" (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 § 1321.36 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.