Ohio § 1321.401
Full text of Ohio Ohio Revised Code § 1321.401, with citation guidance and answers to common questions.
§ 1321.401.
A licensee may refinance a short-term loan provided that all of the following apply
to the refinanced loan: (A) The loan is a short-term loan. (B) Interest on the loan does not exceed a rate of twenty-eight per cent per annum. (C) The licensee does not charge, collect, or receive the monthly maintenance fee described
in division (B) of section 1321.40 of the Revised Code .
Frequently Asked Questions About Ohio § 1321.401
What does Ohio Revised Code § 1321.401 cover?
Section 1321.401 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 § 1321.401?
A common citation format is "Ohio Revised Code § 1321.401" (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 § 1321.401 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.