Ohio Code § 1321.632
Ohio Code § 1321.632. Reproduced from the official Ohio Revised Code, with a citation summary, verification link, and related provisions.
§ 1321.632.
A licensee may engage in the business of making loans provided the licensee does not
do any of the following: (A) Assess an origination fee pursuant to section 1321.68 of the Revised Code more than three times in any twelve-month period; (B) Accept a dated instrument from the borrower as security for a loan; (C) Hold an instrument for a period of time prior to negotiation or deposit of the instrument; (D) Pay to a borrower, credit to a borrower's account, or pay to another person on the
borrower's behalf the amount of an instrument, less interest, fees, or any other charges
permitted by section 1321.68 of the Revised Code ; (E) Refinance the loan during the first one hundred twenty days of the loan term; (F) Except for the deferment charge permitted by section 1321.68 of the Revised Code , charge or collect any fee, charge, or remuneration of any sort for renewing, amending,
or extending a loan beyond its original term.
Source: official Ohio text · Last verified 2026-08-27
At a glance
- Citation: Ohio Revised Code § 1321.632
- 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 § 1321.632?
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 § 1321.632 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 § 1321.632 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Statutes are amended, repealed, and renumbered every session.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.