Ohio Revised Code Search

...not been authorized by such cardholder, unless such credit card is in replacement or renewal of a credit card previously requested or used by the cardholder.

...as the right to recover attorneys' fees under the commitment, at the option of that person, may recover attorneys' fees in accordance with the commitment, to the extent that the commitment is enforceable under divisions (C) and (D) of this section. (C) A commitment to pay attorneys' fees is enforceable under this section only if the total amount owed on the contract of indebtedness at the time the contract was...

...d and wife. No such mortgage is valid unless executed by both husband and wife. This section does not apply to any mortgage or lien for the purchase price of such property.

...an for all or some amounts owed to the lender. (B) "Nonrecourse loan" means a commercial loan secured by a mortgage on real property located in this state and evidenced by loan documents that meet any of the following: (1) Provide that the lender will not enforce the liability or obligation of the borrower by an action or proceeding in which a money judgment is sought against the borrower; (2) Provide that an...

...this section is invalid and unenforceable.

...d to, as a result of a postclosing solvency covenant, if the loan documents for that loan do not contain nonrecourse loan provisions.

... good faith dispute concerning any accounts, bills, or other evidences of indebtedness that have been joined together for litigation pursuant to this section, the court shall separate the disputed account, bill, or other evidence of indebtedness from the action and hear the disputed account, bill, or other evidence of indebtedness on its own merits in a separate action. The court shall charge the filing fee of the s...

... loan association, savings bank, credit union, or fiduciary as defined in section 5815.04 of the Revised Code, except those that own or operate a collection agency; (b) Any real estate broker or real estate salesperson, as defined in section 4735.01 of the Revised Code; (c) Any retail seller collecting its own accounts; (d) Any insurance company authorized to do business in this state under Title XXXIX of the Revi...

... dollars or ten per cent of the face amount of the instrument, whichever is greater, and may charge and receive any charge imposed by a financial institution upon the holder of the check, negotiable order of withdrawal, share draft, or other negotiable instrument that has been returned or dishonored for any reason. (B) A collection agency that imposes a check collection charge pursuant to division (A) of this sectio...

...eport prepared for commercial insurance underwriting, claims, or auditing purposes; (b) A report containing information related to transactions or experiences between the subject and the person making the report; (c) An authorization or approval of a specific extension of credit directly or indirectly by the issuer of a credit card or similar device; (d) Any report in which a person that has been requested by a...

...y" has the same meaning as in the "Fair Credit Reporting Act," 84 Stat. 1128, 15 U.S.C.A. 1681a, as amended. (K) "Control" means the power, directly or indirectly, to direct the management or policies of an entity, whether through ownership of securities, by contract, or otherwise. A person is presumed to control an entity if that person: (1) Is a director, general partner, or executive officer or is an individua...

...xemption, or a registration or license, under this chapter, if the superintendent finds that the change is necessary to remain consistent with the purposes intended by the policy and provisions of the "Secure and Fair Enforcement for Mortgage Licensing Act of 2008," 122 Stat. 2810, 12 U.S.C. 5101. Rules authorized by this section shall be adopted in accordance with Chapter 119. of the Revised Code.

... banking agency and is owned and controlled by a depository institution; (B) A consumer reporting agency that is in substantial compliance with the "Fair Credit Reporting Act," 84 Stat. 1128, 15 U.S.C. 1681a, as amended; (C) Any political subdivision, or any governmental or other public entity, corporation, instrumentality, or agency, in or of the United States or any state; (D) A college or university, or cont...

...llected under this section shall be deposited into the state treasury to the credit of the consumer finance fund created in section 1321.21 of the Revised Code.

... or mortgage broker in any state of the United States. Registrants are not required to maintain a physical location in this state. (B)(1) No individual shall act as a mortgage loan originator without first having obtained a license from the superintendent. A mortgage loan originator shall be employed by or associated with a registrant or entity holding a valid letter of exemption under this chapter, but shall not b...

... of the following: (a) An independent credit report from a consumer reporting agency; (b) Information related to any administrative, civil, or criminal findings by any governmental jurisdiction. (D) The superintendent shall pay all funds advanced and application and renewal fees and penalties the superintendent receives pursuant to this section and section 1322.10 of the Revised Code to the treasurer of state t...

...der. The superintendent shall not use a credit score or a bankruptcy as the sole basis for registration denial. (B) For purposes of determining whether an applicant that is a partnership, corporation, or other business entity or association has met the conditions set forth in divisions (A)(6) and (8) of this section, the superintendent shall determine which partners, shareholders, or persons named in the applicati...

...ity holding a valid letter of exemption under division (B)(1) of section 1322.05 of the Revised Code shall designate an employee or owner of that registrant's business as the operations manager. The operations manager shall be responsible for the management, supervision, and control of a particular registrant. (B) To be eligible for such a designation, an employee or owner shall have at least three years of experie...

...ty holding a letter of exemption issued under this chapter, or an applicant for a certificate of registration under this chapter in order to obfuscate or conceal the true ownership or control of the registrant, exemption holder, or applicant.

...ed the division to deny the application under section 1322.10 of the Revised Code. If such a fact or condition is found, the division may, in accordance with Chapter 119. of the Revised Code, revoke the registrant's certificate.

...this chapter solely to sell leads of potential buyers to residential mortgage lenders or mortgage brokers, or solely to match buyers with residential mortgage lenders or mortgage brokers through a computerized loan origination system recognized by the United States department of housing and urban development, shall be required to make only those disclosures under this chapter that apply to the portion of the transact...

...he previous five years shall be granted credit toward completion of the pre-licensing education requirement of this state. (C) In addition to the information required under division (B) of this section, the application shall provide both of the following: (1) Evidence that the applicant passed a written test that meets the requirements described in section 1322.27 of the Revised Code; (2) Any further informatio...

...ter. The superintendent shall not use a credit score or bankruptcy as the sole basis for a license denial. (6) The applicant is in compliance with the surety bond requirements of section 1322.32 of the Revised Code. (7) The applicant has not had a mortgage loan originator license, or comparable authority, revoked in any governmental jurisdiction. (B) The license issued under division (A) of this section may ...

...sidered to have passed the written test unless the individual answers at least seventy-five per cent of the questions correctly. (C) An individual may retake the test three consecutive times provided the period between taking the tests is at least thirty days. If an individual fails three consecutive tests, the individual shall be required to wait at least six months before taking the test again. (D) If a mortgage ...

... the year in which the course is taken, unless the individual is making up a deficiency in continuing education as permitted by rule or order of the superintendent. (3) A licensee who subsequently becomes unlicensed must complete the continuing education requirement for the last year in which the license was held prior to the issuance of a new or renewed license. (4) A licensee who is approved as an instructor of a...