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Ohio · Through 2013-03-27 (House Bill 479 - 129th General Assembly)

Ohio Rev. Code § 1319.09: Loans without nonrecourse loan provisions.

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Where this section sits in the code
  1. Title 13 Commercial Transactions
  2. 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

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