Compliance News: Ohio Consumer Installment Loan Act
On June 13, 2017, Gov. John Kasich (R-OH) signed into law S.B. 24 (2017) which enacts a new “Ohio Consumer Installment Loan Act” under Ohio Rev. Code Ann. §§ 1321.62 through 1321.702 (see https://www.legislature.ohio.gov/legislation/legislation-summary?id=GA132-SB-24; press release of the signing can be found at: http://www.governor.ohio.gov/MediaRoom/PressReleases/TabId/200/ArticleId/703/kasich-signs-four-bills-6-13-17.aspx)….