Exceptions to license requirement.

Exceptions to license requirement.

No individual shall participate in the business enterprise of lending cash, credit, or choses for action in levels of five thousand dollars or less, or precise, agreement for, or get, straight or indirectly, on or in experience of any such loan, any interest and costs that into the aggregate are more than the attention and fees that the lending company is allowed to charge for the loan of cash in the event that loan provider weren’t a licensee, without very very first having acquired a permit through the division of banking institutions under parts 1321.01 to 1321.19 for the Revised Code. Devamını Oku