1301:8-5-06 Purchase/repurchase transactions.

All provisions and restrictions of Chapter 4727. of the Revised Code concerning a pawn loan transaction, including but not limited to the interest and charges limitations of section 4727.06 of the Revised Code, the pawn form requirements of section 4727.08 of the Revised Code, the forfeiture notice of section 4727.11 of the Revised Code, and the 72-hour retention period of section 4727.12 of the Revised Code, apply to the purchase/repurchase transaction described in division (A) of section 4727.01 of the Revised Code.

Effective: 06/16/2005

R.C. 119.032 review dates: 11/15/2009

Promulgated Under: 119.03

Statutory Authority: 4727.13

Rule Amplifies: Chapter 4727