Ohio Administrative Code
Title 109:4 - Consumer Protection
Chapter 109:4-3 - Deceptive Acts or Trade Practices in Connection with Consumer Transactions
Section 109:4-3-22 - Recommending default
Universal Citation: OH Admin Code 109:4-3-22
Current through all regulations passed and filed through September 16, 2024
For purposes of division (B)(6) of section 1345.031 of the Revised Code, the phrase "recommending or encouraging a consumer to default" means to suggest, advise, instruct, or endorse that the consumer should fail to comply with any of the terms of a residential mortgage or any consumer transaction or revolving credit agreement.
Five Year Review (FYR) Dates:
04/28/2017 and
04/28/2022
Promulgated
Under: 119.03
Statutory
Authority: 1345.05
Rule
Amplifies: 1345.031(B)(6)
Prior Effective Dates:
1/7/07
Disclaimer: These regulations may not be the most recent version. Ohio may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.
This site is protected by reCAPTCHA and the Google
Privacy Policy and
Terms of Service apply.
