1301:8-4-11 Finance charge.

“Finance charge” as used in sections 1321.71 to 1321.84 of the Revised Code means the finance charge rate authorized in such sections, and shall not have the meaning set forth for that term in the federal reserve board regulation Z on truth in lending, 12 CFR 226.4.

HISTORY: Eff. 7-10-95; 6-3-04

Rule promulgated under: RC 119.03

Rule authorized by: RC 1321.77

Rule amplifies: RC 1321.79

R.C. 119.032 review dates: 03/19/2004 and 05/24/2009