Ohio Rev. Code § 1319.09: Loans without nonrecourse loan provisions.
Where this section sits in the code
- Title 13 Commercial Transactions
- Chapter 1319 Miscellaneous Credit Transactions
Section 1319.08 of the Revised Code does not prohibit a loan that is secured by a mortgage on real property located in this state from being fully recourse to the borrower or guarantor, including, but not limited to, as a result of a postclosing solvency covenant, if the loan documents for that loan do not contain nonrecourse loan provisions.
Collected 2026-09-14T19:24:29Z. Source file · JSON