Ohio Code § 4727.07
Ohio Code § 4727.07. Reproduced from the official Ohio Revised Code, with a citation summary, verification link, and related provisions.
§ 4727.07.
Every pawnbroker shall give to the pledgor or seller a statement upon which shall
be legibly written in ink, printed, or typed, the name and address of the licensee
making the loan or purchase, the amount of the loan or purchase price, the rate of
interest, the time and date when the loan is made, or goods sold, and the date when
payable; and also shall give the pledgor a receipt for each payment of principal,
storage charge, or interest. All moneys received for any loan shall first be applied to any interest and storage
charge on a loan, and any remaining moneys shall then be applied to the amount of
unpaid principal of the loan existing on the date on which the moneys are received. The statement also shall contain a full and accurate description of the articles
pledged or sold, including any serial and model numbers or identifying marks thereon. In the case of pawn loans, the statement shall contain a full disclosure of all
charges for storage, and on the back of the receipt shall be printed in type a copy
of section 4727.06 of the Revised Code . The licensee shall retain a copy of the statement for two years from the date of
the last entry of the loan or purchase account. Every statement shall be numbered and maintained consecutively, commencing with
the number “one,” but the licensee may maintain statements in an active and inactive
file.
Source: official Ohio text · Last verified 2026-08-27
At a glance
- Citation: Ohio Revised Code § 4727.07
- 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 § 4727.07?
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 § 4727.07 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 § 4727.07 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Statutes are amended, repealed, and renumbered every session.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.