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This website publishes administrative rules on their effective dates, as designated by the adopting state agencies, colleges, and universities.

Rule 109:4-3-22 | Recommending default.

Ohio Administrative Code
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109:4
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Chapter 109:4-3 | Deceptive Acts or Trade Practices in Connection with Consumer Transactions
 
Effective:
January 7, 2007
Promulgated Under:
119.03
PDF:
Download Authenticated PDF
 

For purposes of division (B)(6) of section 1345.031 of the Revised Code, the phrase "recommending or encouraging a consumer to default" means to suggest, advise, instruct, or endorse that the consumer should fail to comply with any of the terms of a residential mortgage or any consumer transaction or revolving credit agreement.

Last updated October 3, 2024 at 2:48 PM

Supplemental Information

Authorized By: 1345.05
Amplifies: Chapter 1345.031(B)(6)
Five Year Review Date: 4/28/2027