Ohio Rev. Code § 1321.19

Current with legislation from 2024 received as of May 9, 2024.
Section 1321.19 - Cancellation or alteration of small loan license does not impact existing contracts

Sections 1321.01 to 1321.19, inclusive, of the Revised Code may be modified, amended, or repealed so as to effect a cancellation or alteration of any license or right of a licensee, provided that such cancellation or alteration shall not impair or affect the obligation of any pre-existing contract between any licensee and any borrower, nor the right of the licensee to collect principal, interest, and charges as set forth in said obligation.

R.C. §1321.19

Effective Date: 10/1/1953 .