Ohio § 1776.04
Full text of Ohio Ohio Revised Code § 1776.04, with citation guidance and answers to common questions.
§ 1776.04.
(A) Unless displaced by particular provisions of this chapter, the principles of law
and equity supplement this chapter. (B) If an obligation to pay interest under this chapter does not specify a rate of interest,
the rate is that specified in section 1343.03 of the Revised Code . (C) No partnership and no person acting on behalf of a partnership shall interpose the
defense or make the claim of usury in any action or proceeding upon, or with reference
to, any obligation of that partnership. The notes, bonds, other evidences of indebtedness, mortgages, pledges, and deeds
of trust of a partnership shall not be set aside, impaired, or adjudged invalid by
reason of anything contained in any laws prohibiting or otherwise pertaining to usury
or regulating interest rates. (D) No obligation of a partner to a partnership arising under a partnership agreement
or a separate agreement or writing, and no note, instruction, or other writing evidencing
any such obligation of a partner, is subject to the defense of usury, and no partner
shall interpose the defense of usury with respect to any such obligation in any action.
Frequently Asked Questions About Ohio § 1776.04
What does Ohio Revised Code § 1776.04 cover?
Section 1776.04 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 § 1776.04?
A common citation format is "Ohio Revised Code § 1776.04" (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 § 1776.04 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.