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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.

Section 1315.26 | Limitations on fees and charges.

Ohio Revised Code
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Title 13 Commercial Transactions
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Chapter 1315 Transmitters Of Money; Check-cashing Businesses
 
Effective:
July 30, 1993
Latest Legislation:
House Bill 266 - 120th General Assembly
PDF:
Download Authenticated PDF
 

(A) No check-cashing business shall charge check-cashing fees or other check-cashing charges in an amount that exceeds three per cent of the face amount of the check for cashing checks issued by this state, a state agency, a political subdivision of this state, or the United States.

(B) Each check-cashing business shall conspicuously post and at all times display in every business location a schedule of its fees and charges for all services permitted under sections 1315.21 to 1315.28 of the Revised Code.

Available Versions of this Section