Ohio Code § 1127.03

Ohio Code § 1127.03. Reproduced from the official Ohio Revised Code, with a citation summary, verification link, and related provisions.

§ 1127.03.

(A) No regulated person shall, except as provided by law, stipulate for or receive any

fee, commission, gift, or thing of value from any person for procuring or endeavoring

to procure for that person, or for any other person, any loan, extension or renewal

of a loan, or substitution of security from any bank or trust company, or the purchase,

discount, or acceptance of any paper, note, draft, check, or bill of exchange by any

bank or trust company. (B) Division (A) of this section does not prohibit any bona fide salary, wages, fees,

or other compensation paid, or expenses reimbursed, in the usual course of business

by a bank or trust company to a regulated person, or normal business amenities that

facilitate the discussion of business, foster good business relations, or serve some

other demonstrable business purpose.

Source: official Ohio text · Last verified 2026-08-27

At a glance

  • Citation: Ohio Revised Code § 1127.03
  • Jurisdiction: Ohio
  • Code: Ohio Revised Code
  • Text: transcribed from the official source (verify below)

Verify the text

Statute text is transcribed from the official Ohio Revised Code. Confirm it against the primary source before relying on it:

Not legal advice. Verify against the official source and consult a licensed Ohio attorney.

Common questions

What is the source of Ohio Revised Code § 1127.03?

The text above is transcribed from the Ohio Revised Code, the codified statutes of Ohio. The official publisher link appears under "Verify the text" on this page.

What subject does Ohio Revised Code § 1127.03 address?

It addresses the rule set out in the section text. Read the section together with the surrounding provisions listed under "Nearby provisions" for the full picture.

Is Ohio Revised Code § 1127.03 still in force?

Statutes are amended, repealed, and renumbered every session. Confirm the current version at the official Ohio source before relying on this text.

Can this page be used as legal advice?

No. This is a reference transcription for research. Applying Ohio law to your facts requires a licensed Ohio attorney who can review the specifics.