Section 1321.411 | Short-term loan collection limitations.
A licensee shall not attempt to collect from a borrower's account after two consecutive attempts have failed, unless the licensee obtains new written authorization from the borrower to electronically transfer or withdraw funds from the borrower's account.
Last updated November 5, 2021 at 5:31 PM
Available Versions of this Section
- October 29, 2018 – Enacted by House Bill 123 - 132nd General Assembly [ View October 29, 2018 Version ]