Ohio Revised Code Chapter 4710 - Debt Pooling Companies

• Section 4710.01 - Debt Pooling Company Definitions.
  As used in this chapter: (A) "Person" includes individuals, partnerships, associations, corporations, trusts, and other legal entities. (B) "Debt adjusting" means doing business in...
• Section 4710.02 - Disbursements To Creditors - Separate Trust Accounts - Contributions - Audit - Insurance.
  (A) Subject to division (C) of this section, a person engaged in debt adjusting shall do all of the following: (1) Unless specifically instructed...
• Section 4710.03 - Application Of Chapter - Exclusions.
  Nothing in this chapter applies to any of the following: (A) The federal national mortgage association; the federal home loan mortgage corporation; a bank,...
• Section 4710.04 - Certain Violations Deemed Unfair Or Deceptive Acts - Fine.
  (A) Any violation of division (F)(1) of section 4710.02 of the Revised Code is deemed an unfair or deceptive act or practice in violation...
• Section 4710.99 - Penalty.
  Whoever violates division (F) of section 4710.02 of the Revised Code is guilty of a misdemeanor of the third degree for a first offense...

Last modified: October 10, 2016