Ohio Revised Code Search

...o whom both of the following apply: (1) The individual is the owner of an existing homestead located in this state. (2) The loan will be used to improve or maintain that existing homestead. (C) An eligible lending institution for the home improvement linked deposit program must be able to make residential or secured or unsecured personal loans. (D) An eligible borrower shall certify on the loan applicatio...

...As used in sections 135.70 to 135.71 of the Revised Code: (A) "Closing costs" means a disbursement listed on a closing disclosure for the purchase of a home by an eligible participant. (B) "Closing disclosure" means the statement of receipts and disbursements for a transaction related to real estate, including a statement prescribed under the Real Estate Settlement Procedures Act of 1974, 12 U.S.C. 2601 et seq....

...avings institution participates. (B)(1) An eligible participant shall certify on its linked deposit savings account application all of the following: (a) The eligible participant is a resident of this state. (b) The funds in the linked deposit savings account shall be used exclusively for eligible program costs of the applicable linked deposit program. (c) The eligible participant shall hold not more than...

...(A)(1) Upon the treasurer of state placing, purchasing, or designating a linked deposit, the eligible savings institution shall offer the premium savings rate on a linked deposit savings account to each approved eligible participant listed in the accepted linked deposit savings package, and in accordance with the deposit agreement required by section 135.703 of the Revised Code. The premium savings rate shall apply t...

...lection in accordance with 50 U.S.C. 4001, and has applied for a homeownership savings account at an eligible savings institution. A member of the uniformed services, who is an eligible participant, may apply for a homeownership savings account at an eligible savings institution on or after the date affixed to the permanent change of station orders. As used in this division, "active duty" and "uniformed services" hav...

...(A) As used in sections 135.801 to 135.803 of the Revised Code, "eligible lending institution," "eligible organization," "investing authority," "residential facility," and "residential facility linked deposit program" have the same meanings as in section 5126.51 of the Revised Code. (B) The board of county commissioners may adopt a resolution implementing a residential facility linked deposit program under sections ...

...ordance with division (A)(2) of section 135.353 of the Revised Code, to place certificates of deposit at up to three per cent below market rates with an eligible lending institution, provided that the eligible lending institution agrees to lend the value of such deposit to eligible borrowers at up to three per cent below the present borrowing rate applicable to each eligible borrower. The resolution shall include req...

...s not include any of the following: (1) A lease for agricultural, business, or commercial purposes; (2) A lease made to an organization; (3) A lease of money or intangible personal property; (4) A lease of a motor vehicle as defined in section 4501.01 of the Revised Code. (G) "Lease-purchase property" means personal property that is owned by the lessor at the time it is physically displayed and offered...

...ng in a clear and conspicuous manner: (1) A brief description of the leased property, sufficient to identify the property to the lessee and lessor and a statement as to whether the property is new, used, or previously leased. If a lease is for multiple items of property, a description of each item may be provided in a separate statement incorporated by reference in the lease-purchase agreement or primary disclosure ...

... a lessee to do any of the following: (1) Execute a warrant of attorney to confess judgment; (2) Authorize the lessor or an agent of the lessor to commit a breach of the peace in the repossession of property that is the subject of the lease-purchase agreement; (3) Waive a defense, counterclaim, or any right the lessee has against the lessor or an agent of the lessor. (B) No lease-purchase agreement shall provide ...

...nt equal to the sum of the following: (1) The costs of the action and reasonable attorney's fees as determined by the court; (2) The greater of the following: (a) The actual damages sustained by the lessee as a result of the failure of the lessor; (b)(i) In the case of an individual action, twenty-five per cent of the total amount necessary to acquire ownership of the property that is the subject of the lease-pur...

...by the supplier in violation of section 1353.06 of the Revised Code or of the terms of the dealer agreement or because of the merger or consolidation of the supplier with or into another corporation, the supplier shall repurchase the inventory of the dealer in accordance with this chapter. The dealer may choose to keep the inventory if the dealer has a contractual right to do so. (B) Except as provided in division (...

...(A)(1) No supplier, without good cause, shall terminate, fail to renew, or substantially alter the competitive circumstances of a dealer agreement that is entered into by the supplier and a dealer on or after the effective date of this section or that is a continuing contract with no expiration date. (2) Circumstances that constitute good cause for a supplier to terminate, fail to renew, or substantially alter the...

...r education as defined in section 3345.011 of the Revised Code, private college as defined in section 3365.01 of the Revised Code, or other group, however organized and whether operating for profit or not for profit, including a financial institution organized, chartered, or holding a license authorizing operation under the laws of this state, any other state, the United States, or any other country, or the parent or...

...o which both of the following apply: (1) It is authorized to regulate certain types of business activity in this state and persons engaged in such business, including the issuance of licenses or other types of authorization. (2) The superintendent of financial institutions determines the department or agency would regulate a sandbox participant if the person were not a sandbox participant. (B) "Consumer" means ...

...icable agency previously has either: (1) Issued a license or other authorization to the applicant; (2) Investigated, sanctioned, or pursued legal action against the applicant. (B) Whether the applicant could obtain a license or other authorization from an applicable agency after exiting the regulatory sandbox.

...o the consumer all of the following: (1) The name and contact information of the sandbox participant, including the license number provided by the superintendent of financial institutions pursuant to division (A) of section 1355.05 of the Revised Code; (2) That the novel financial product or service is authorized pursuant to the regulatory sandbox and, if applicable, that the sandbox participant does not have a l...

...nt shall do either of the following: (1) Notify the superintendent of financial institutions that the sandbox participant will exit the regulatory sandbox, wind down its test, and cease offering the novel financial product or service in the regulatory sandbox within sixty days of the end of the testing period; (2) Seek an extension pursuant to section 1355.08 of the Revised Code to pursue a license or other autho...

...the act of congress, subject to Chapter 133., except as provided in sections 139.01 to 139.04, of the Revised Code. No bonds shall be issued under this section for the acquisition, construction, extension, enlargement, lease, operation, or maintenance of any proprietary function of a subdivision which will compete with existing private enterprise. If the department of taxation certifies that the subdivision is unabl...

...(A)(1) A public hospital agency may lease any hospital facility to one or more hospital agencies for use as a hospital facility, or to one or more city or general health districts; boards of alcohol, drug addiction, and mental health services; county boards of developmental disabilities; the department of mental health and addiction services; or the department of developmental disabilities, for uses which they ...

...Obligations issued under section 133.08, 140.06, or 339.15 of the Revised Code or Section 3 of Article XVIII, Ohio Constitution, to pay costs of hospital facilities or to refund such obligations are lawful investments for entities enumerated in division (A)(1) of section 133.03 of the Revised Code, and are eligible as security for the repayment of the deposit of public moneys.

...ibed by divisions (A) to (F) of section 141.01 of the Revised Code shall be increased as follows: (1) In calendar year 2020, by four per cent; (2) In calendar year 2021, by three per cent; (3) In calendar year 2022, by one and three-quarters per cent; (4) In calendar year 2023, by one and three-quarters per cent; (5) In calendar year 2024, by one and three-quarters per cent; (6) In calendar year 2025, by one an...

...s and compensation provided in sections 141.01 to 141.12 of the Revised Code shall be allowed to any such officer. No additional remuneration shall be given any such officer under any other title than that by which the officer was elected or duly appointed. Subject to divisions (B) and (C) of this section, the salaries provided in such sections shall be in full compensation for any services rendered by such officers ...

...ther benefit vested pursuant to Chapter 145. of the Revised Code or other eligible retirement system pursuant to Ohio law. (E) As used in this section: (1) "Retired assigned judge" is a judge that is described in division (A) of this section. (2) "Quarter" is the preceding three-month period ending on the last day of the month of March, June, September, or December of each year.

... fund, an initial premium as follows: (1) Each member with an assessed property valuation of less than seven million dollars, three hundred dollars; (2) Each member with an assessed property valuation of seven million dollars but less than fourteen million dollars, three hundred fifty dollars; (3) Each member with an assessed property valuation of fourteen million dollars but less than twenty-one million dollars, ...