Ohio § 1321.80
Full text of Ohio Ohio Revised Code § 1321.80, with citation guidance and answers to common questions.
§ 1321.80.
A premium finance agreement may provide for the payment by the insured of any of the
following: (A) A delinquency charge of not more than five per cent of any installment that is in
default for a period of more than five days. If the insurance policies described in the premium finance agreement are primarily
for personal, family, or household purposes, the maximum delinquency charge shall
be ten dollars. (B) A cancellation charge of ten dollars when the default results in the cancellation
of any insurance contract described in the agreement. (C) A check collection charge of not more than ten dollars, plus any amount passed on
from other financial institutions, for each check, negotiable order of withdrawal,
share draft, or other negotiable instrument returned or dishonored for any reason.
Frequently Asked Questions About Ohio § 1321.80
What does Ohio Revised Code § 1321.80 cover?
Section 1321.80 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 § 1321.80?
A common citation format is "Ohio Revised Code § 1321.80" (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 § 1321.80 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.