Ohio Rev. Code § 1321.791

Current with legislation from 2024 received as of August 15, 2024.
Section 1321.791 - Insurance premium finance company alternative finance charges

As an alternative to the finance charges permitted by division (C) of section 1321.79 of the Revised Code, a premium finance company may contract for and receive finance charges at any rate or rates agreed upon or consented to by the parties to the premium finance agreement or revolving credit premium finance agreement, but not exceeding an annual percentage rate of twenty-five per cent.

R.C. §1321.791

Effective Date: 2/11/1982 .