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The Legislative Service Commission staff updates the Revised Code on an ongoing basis, as it completes its act review of enacted legislation. Updates may be slower during some times of the year, depending on the volume of enacted legislation.

Ohio Revised Code Search

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purchase
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Section 1311.86 | Broker's lien on commercial real estate.

...l estate has a lien on any real estate purchased pursuant to that contract. The lien is effective only if the contract for services is in writing and is signed by the broker or the broker's agent and the owner of the lien property or the owner's agent. (C)(1) Only the broker named in the contract has a lien pursuant to this section and a lien is not available to any employee or independent contractor of the br...

Section 1315.51 | Transaction reporting, money laundering definitions.

...portable. (L) "Transaction" includes a purchase, sale, trade, loan, pledge, investment, gift, transfer, transmission, delivery, deposit, withdrawal, payment, transfer between accounts, exchange of currency, extension of credit, purchase or sale of a payment instrument, use of a safe deposit box, or any other acquisition or disposition of property. (M) "Transmitting money" includes the transmission of money by any m...

Section 1321.68 | Consumer installment loan maximum interest rate; computation of interest; precomputed loans; permissible charges; insurance.

...h the insurance laws of this state. The purchase of this insurance through the licensee or an agent or broker designated by the licensee shall not be a condition precedent to the granting of the loan. If the borrower purchases the insurance from or through the licensee or from another source, the premium may be included in the principal amount of the loan. (G)(1) In addition to the interest and charges provided for...

Section 1333.851 | Distributors of acquired manufacturers.

...th respect to any merger, acquisition, purchase, or assignment under division (D) of section 1333.85 of the Revised Code, both of the following apply: (1) The territories for the particular product or brand of alcoholic beverage shall not be assigned to another distributor until the successor manufacturer compensates the terminated or nonrenewed distributor for the diminished value of the distributor's busine...

Section 1334.01 | Business opportunity plan definitions.

...ses a business opportunity plan. (B) "Purchaser" means a person to whom a business opportunity plan is sold or leased. (C) "Broker" means a person, other than a seller, who sells or leases, offers for sale or lease, or arranges for the sale or lease of a business opportunity plan for a commission, fee, or anything of value. (D) "Business opportunity plan" means an agreement in which a purchaser obtains the r...

Section 1335.11 | Paying commission on sales.

...more products for sale to customers who purchase products for resale or for consumption or utilization in the manufacturing process; (ii) The business of providing services to customers. (b) Utilizes one or more sales representatives to solicit orders for those products or orders for those services; (c) Compensates the sales representatives in whole or in part by commission. (3) "Sales representative" means a per...

Section 1343.05 | Bona fide indorsee of negotiable paper purchased before due.

... bona fide indorsee of negotiable paper purchased before due, shall be affected by any usury exacted by any former holder of such paper, unless he has actual notice of the usury previous to his purchase. In such cases, the amount of such excess, if incorporated into negotiable paper, after payment, may be recovered back, by action against the party who originally exacted the usuary.

Section 1345.23 | Written agreement or offer to purchase.

...nced by a written agreement or offer to purchase in the same language as that principally used in the oral sales presentation and shall contain the name and address of the seller. The seller shall present the writing to the buyer and obtain the buyer's signature to it. The writing shall state the date on which the buyer actually signs. The seller shall leave with the buyer a copy of the writing which has been signed ...

Section 1346.01 | Tobacco product manufacturer escrow account definitions.

...beling, is likely to be offered to, or purchased by, consumers as a cigarette; or (c) Any roll of tobacco wrapped in any substance containing tobacco which, because of its appearance, the type of tobacco used in the filler, or its packaging and labeling, is likely to be offered to, or purchased by, consumers as a cigarette described in division (D)(1)(a) of this section. (2) The term "cigarette" includes "roll...

Section 1349.41 | Prohibited conduct in mortgage loan sale or purchase.

..."Lender" does not include a person that purchases or is assigned a loan or that functions solely as the servicer of a loan. (3) "Mortgage" has the same meaning as in section 1322.01 of the Revised Code. (B) A lender shall not engage in a transaction, practice, or course of business that is not in good faith or fair dealing, or that operates a fraud upon any person, in connection with the attempted or actual making,...

Section 1349.70 | High-volume seller duty to disclose certain information.

...ommunication made to a consumer after a purchase is finalized; (b) The consumer's account transaction history. (B) The information required to be provided and disclosed by division (A) of this section is both of the following: (1) Except as provided in section 1349.71 of the Revised Code, the identity of the high-volume third party seller, including all of the following: (a) The full name of the seller, whic...

Section 135.70 | Homeownership savings linked deposit program definitions.

... 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., as amended, and the regulations thereunder. (C) "Discount interest rate" means an interest rate ...

Section 1351.05 | Reinstatement of agreement after default.

...e right to reinstate the original lease-purchase agreement without losing any rights or options previously acquired under the lease-purchase agreement within three lease terms after the expiration of the last lease term for which the lessee made a timely payment if the lessee surrenders the leased property to the lessor when the lessor or its agent requests him to surrender the leased property. (B) Before reinstatin...

Section 1351.06 | Acquiring ownership when 50% of payments equals cash price.

...(A) No lessor shall offer a lease-purchase agreement in which fifty per cent of all lease payments necessary to acquire ownership of the leased property exceed the cash price of the leased property. When fifty per cent of all lease payments made by a lessee equals the cash price of the property disclosed to the lessee pursuant to division (A)(11) of section 1351.02 of the Revised Code, the lessee shall acquire owners...

Section 145.20 | Elective officials may become members of system - credit for prior service.

...additional liability resulting from the purchase of that year or portion of a year of credit as determined by an actuary employed by the board; (2) Completes one and one-half years of contributing membership in the public employees retirement system subsequent to the date membership was established; (3) Participates in the PERS defined benefit plan or a PERS defined contribution plan with definitely determinab...

Section 1519.05 | Clean Ohio trail fund.

...creation areas and facilities; (f) The purchase of rail lines that are linked to the statewide trail plan; (g) The preservation of natural corridors. (4) Items of value, such as in-kind contributions of land, easements or other interests in land, labor, or materials, that may be considered as contributing toward the percentage of the cost of a recreational trails project that must be provided by a matching grant r...

Section 153.99 | Penalty.

...one thousand dollars. (B) A person who purchases or provides steel products in violation of division (A) of section 153.011 of the Revised Code shall pay a civil penalty equal to one and one-half times the purchase price of the steel products purchased or provided in violation of that section.

Section 1533.24 | Fur dealer's daily record - forms - carrier restrictions.

...ided by the division of wildlife of all purchases and sales of furs, skins, or parts thereof of fur-bearing animals made during the previous year. The daily record shall include any pertinent information that the division may require. The information may include, but not be limited to, the number and kinds bought and sold, the dates of each purchase and sale, identification of all purchases from another fur dealer, a...

Section 1533.301 | Annual permit for transporting fish - suspension or revocation.

...nsport fish that are for sale, sold, or purchased. The chief of the division of wildlife shall issue an annual permit granting the applicant the privilege to transport such fish, upon filing of an application on a form prescribed by the chief and payment of a fee of sixty-five dollars. No person shall transport any fish or part thereof that is for sale, sold, or purchased, whether acquired in or outside this state, u...

Section 1533.33 | Fishing license fees.

...or the following purposes: (A) For the purchase, protection, propagation, preservation, and stocking of fish; (B) For the construction of fish chutes and dams; (C) For the securing of more public fishing waters including leasing, purchasing, or otherwise acquiring stream banks, bottoms, and marginal strips, headwaters and other lakes, ponds, quarries, gravel pits, and other suitable public fishing grounds with mar...

Section 154.20 | Capital facilities for mental hygiene or retardation.

... departments with respect to the use or purchase of such capital facilities or, subject to the approval of the director of the department, the commission may lease such capital facilities to, and make or provide for other agreements with respect to the use or purchase thereof with, any governmental agency having authority under law to operate such capital facilities, and the director of the department may sublease su...

Section 154.22 | Capital facilities for parks and recreation.

...h department with respect to the use or purchase of such capital facilities or, subject to the approval of the director of such department, the commission may lease such capital facilities to, and make other agreements with respect to their use or purchase with, any governmental agency having authority under law to operate such capital facilities, and the director of such department may sublease such capital faciliti...

Section 1548.031 | Sale by minor requires signature of custodial adult.

...se of a watercraft or outboard motor or purchase or otherwise acquire a watercraft or outboard motor unless the application for a certificate of title is accompanied by a form prescribed by the chief of the division of parks and watercraft and signed in the presence of a clerk or deputy clerk of a court of common pleas or any notary public by one of the minor's parents, the minor's guardian, or another person having ...

Section 163.04 | Notice of intent to acquire - purchase offer - inability to agree.

...ner with a written good faith offer to purchase the property. The agency may revise that offer if before commencing an appropriation proceeding the agency becomes aware of conditions indigenous to the property that could not reasonably have been discovered at the time of the initial good faith offer or if the agency and the owner exchange appraisals prior to the filing of the petition. (C) An agency may appro...

Section 163.51 | Displaced person definitions.

... one or more of the following: (1) The purchase, sale, lease, and rental of personal and real property, and for the manufacture, processing, or marketing of products, commodities, or any other personal property; (2) The sale of services to the public; (3) By a nonprofit organization; (4) Solely for the purposes of section 163.53 of the Revised Code, for assisting in the purchase, sale, resale, manufacture, proces...