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Ohio Rev. Code Ann. § 1322.30

Interest

Effective: September 1, 2021; Latest Legislation: House Bill 133 - 134th General Assembly

A registrant or entity holding a letter of exemption under this chapter may contract for and receive interest at any rate or rates agreed upon or consented to by the parties to the residential mortgage loan, but not exceeding an annual percentage rate of twenty-five per cent.

Last updated June 15, 2021 at 5:35 PM

Official source: Ohio Laws & Administrative Rules (Legislative Service Commission). Reproduced from public-domain Ohio statutes; confirm against the official source for the current text. Not legal advice.