reglab/housing_qa huggingface dataset:
Ohio Rev Code § 1349.20 (2021)
2021 Ohio Revised Code|Title 13 | Commercial Transactions|Chapter 1349 | Consumer Protection|Section 1349.20 | Escrow Transactions Concerning Residential Realty Definitions.

Effective: January 1, 1996|Latest Legislation:  House Bill 117 - 121st General Assembly|As used in sections 1349.20 to 1349.22 of the Revised Code:(A) "Banking day" means any day on which the federal reserve bank is open to the public for carrying on substantially all of its functions.(B) "Check" means a negotiable instrument that is drawn on a federally insured bank, savings and loan association, credit union, or savings bank and contains an unconditional order to pay, on demand, a specified sum in money.(C) "Escrow account" means a checking account with a federally insured bank, savings and loan association, credit union, or savings bank, which is used exclusively for the deposit of funds transferred electronically or otherwise, cash, money orders, or negotiable instruments that are received by the escrow or closing agent to effect an escrow transaction, but excludes an account of an attorney that is used to hold client funds and an account maintained by a real estate broker under division (A)(26) of section 4735.18 of the Revised Code.(D) "Escrow or closing agent" means a person who controls and effects, in an escrow transaction, the delivery described in division (E) of this section, but excludes a federally insured bank, savings and loan association, credit union, or savings bank that makes a loan as part of a residential real property transaction and excludes a real estate broker who, in a fiduciary capacity, receives and deposits, in an account maintained under division (A)(26) of section 4735.18 of the Revised Code, cash, funds, checks, or negotiable instruments for earnest money or good faith or other purposes.(E) "Escrow transaction" means a transaction in which a person, for the purpose of effecting and closing the sale, purchase, exchange, transfer, encumbrance, or lease of an interest in residential real property to another person, provides a written instrument or document, money, negotiable instrument, check, evidence of title to real property, or any other thing of value to an escrow or closing agent, to be held by the agent until a specified event occurs or until the performance of a prescribed condition, when it is to be delivered to a specific person by the agent in compliance with applicable instructions, whether by filing such written instrument or document in the public records or by direct tender to the appropriate person.(F) "Negotiable instrument" has the same meaning as in section 1303.03 of the Revised Code.(G) "Residential real property" means any real property improved or to be improved with a one- to four-family dwelling.
Ohio Rev Code § 1349.21 (2021)
2021 Ohio Revised Code|Title 13 | Commercial Transactions|Chapter 1349 | Consumer Protection|Section 1349.21 | Disbursing From an Escrow Account.

Effective: September 29, 2017|Latest Legislation:  House Bill 49 - 132nd General Assembly|No escrow or closing agent knowingly shall make, in an escrow transaction, a disbursement from an escrow account on behalf of another person, unless the following conditions are met:(A) The funds necessary for the disbursement:(1) Have been transferred electronically to or deposited into the escrow account of the escrow or closing agent and are immediately available for withdrawal and disbursement;(2) Are in an aggregate amount not exceeding ten thousand dollars, have been physically received by the agent prior to disbursement and are intended for deposit no later than the next banking day after the date of disbursement; or(3) Are funds drawn on a special or trust bank account as described in division (A)(26) of section 4735.18 of the Revised Code.(B) The transfers or deposits described in division (A) of this section consist of any of the following:(1) Business checks drawn on special or trust bank accounts described in division (A)(26) of section 4735.18 of the Revised Code;(2) Cash, personal checks, business checks other than those described in division (B)(1) of this section, certified checks, cashier's checks, official checks, or money orders that are in an aggregate amount not exceeding ten thousand dollars and are drawn on an existing account at a federally insured bank, savings and loan association, credit union, or savings bank;(3) Electronically transferred funds via the automated clearing house system initiated by, or a check issued by, the United States or this state, or by an agency, instrumentality, or political subdivision of the United States or this state; or(4) Any other electronically transferred funds.
Ohio Rev Code § 1349.22 (2021)
2021 Ohio Revised Code|Title 13 | Commercial Transactions|Chapter 1349 | Consumer Protection|Section 1349.22 | Advancing Funds for Incidental Fees.

Effective: January 1, 1996|Latest Legislation:  House Bill 117 - 121st General Assembly|Nothing in section 1349.21 of the Revised Code prohibits an escrow or closing agent from advancing funds not exceeding one thousand dollars from an escrow account or otherwise on behalf of a party to an escrow transaction for the purpose of paying incidental fees, such as conveyance and recording fees, in order to effect and close the sale, purchase, exchange, transfer, encumbrance, or lease of residential real property that is the subject of the escrow transaction.
Ohio Rev Code § 1349.271 (2021)
2021 Ohio Revised Code|Title 13 | Commercial Transactions|Chapter 1349 | Consumer Protection|Section 1349.271 | Rules for Prepurchase Counseling.

Effective: January 1, 2007|Latest Legislation:  Senate Bill 185 - 126th General Assembly|(A) The superintendent of financial institutions shall, in accordance with Chapter 119. of the Revised Code, adopt rules that establish criteria for purposes of qualifying counseling services that provide prepurchase counseling to consumers.(B) Any not-for-profit credit counseling service approved by an agency of the federal government shall be deemed to meet the criteria established by the superintendent under this section.
Ohio Rev Code § 1349.29 (2021)
2021 Ohio Revised Code|Title 13 | Commercial Transactions|Chapter 1349 | Consumer Protection|Section 1349.29 | Right to Rescind.

Effective: May 24, 2002|Latest Legislation:  House Bill 386 - 124th General Assembly|If a covered loan transaction includes any term prohibited by section 1349.27 of the Revised Code, the consumer shall have the right to rescind the transaction in accordance with section 129(j) of the "Home Ownership and Equity Protection Act of 1994," 108 Stat. 2190, 15 U.S.C.A. 1639(j), as amended, and the regulations adopted thereunder by the federal reserve board, as amended.
Ohio Rev Code § 1349.30 (2021)
2021 Ohio Revised Code|Title 13 | Commercial Transactions|Chapter 1349 | Consumer Protection|Section 1349.30 | Voluntary Adjustments Correcting Errors.

Effective: May 24, 2002|Latest Legislation:  House Bill 386 - 124th General Assembly|(A) A person has no liability under section 1349.31 of the Revised Code, and shall not be subject to any sanction by the superintendent of financial institutions, for any failure to comply with section 1349.26 or 1349.27 of the Revised Code, if within sixty days after discovering the error, whether pursuant to the person's own procedures or an examination or investigation by the superintendent under division (A) or (B) of section 1349.34 of the Revised Code, and prior to the initiation of any action by the superintendent under divisions (C) to (F) of section 1349.34 of the Revised Code or the receipt of written notice of the error from the consumer, the person notifies the consumer or other person concerned of the error and makes whatever adjustments in the appropriate account are necessary to assure that the consumer will not be required to pay an amount in excess of the charge actually disclosed, or the dollar equivalent of the annual percentage rate actually disclosed, whichever is lower.(B) A creditor or assignee shall not be held liable in any action brought under section 1349.29 of the Revised Code, if the creditor or assignee shows by a preponderance of evidence that the compliance failure was not intentional and resulted from a bona fide error notwithstanding the maintenance of procedures reasonably adapted to avoid any such error. For purposes of this division, "bona fide error" includes, but is not limited to, clerical, calculation, computer malfunction and programming, and printing errors. "Bona fide error" does not include an error of legal judgment with respect to a person's obligations under sections 1349.25 to 1349.36 of the Revised Code.
Ohio Rev Code § 1349.31 (2021)
2021 Ohio Revised Code|Title 13 | Commercial Transactions|Chapter 1349 | Consumer Protection|Section 1349.31 | Criminal Proceedings Initiated.

Effective: December 28, 2009|Latest Legislation:  Senate Bill 124 - 128th General Assembly|(A)(1) No creditor shall willfully and knowingly fail to comply with section 1349.26 or 1349.27 of the Revised Code. For purposes of division (A)(1) of this section, "willfully and knowingly" has the same meaning as in section 112 of the "Truth in Lending Act," 82 Stat. 146 (1968), 15 U.S.C.A. 1611, as amended. (2) Whoever violates division (A)(1) of this section is guilty of a felony of the fifth degree.(B) The superintendent of financial institutions may directly bring an action to enjoin a violation of this section. The attorney general may directly bring an action against a mortgage broker, loan officer, or nonbank mortgage lender to enjoin a violation of this section with the same rights, privileges, and powers as those described in section 1345.06 of the Revised Code. The prosecuting attorney of the county in which the action may be brought may bring an action against a mortgage broker, loan officer, or nonbank mortgage lender to enjoin a violation of this section only if the prosecuting attorney first presents any evidence of the violation to the attorney general and, within a reasonable period of time, the attorney general has not agreed to bring the action.For purposes of this division, "loan officer," "mortgage broker," and "nonbank mortgage lender" have the same meanings as in section 1345.01 of the Revised Code.(C)(1) The superintendent of financial institutions may initiate criminal proceedings under this section by presenting any evidence of criminal violations to the prosecuting attorney of the county in which the offense may be prosecuted. If the prosecuting attorney does not prosecute the violations, or at the request of the prosecuting attorney, the superintendent shall present any evidence of criminal violations to the attorney general, who may proceed in the prosecution with all the rights, privileges, and powers conferred by law on prosecuting attorneys, including the power to appear before grand juries and to interrogate witnesses before such grand juries. These powers of the attorney general shall be in addition to any other applicable powers of the attorney general.(2) The prosecuting attorney of the county in which an alleged offense may be prosecuted may initiate criminal proceedings under this section.(3) In order to initiate criminal proceedings under this section, the attorney general shall first present any evidence of criminal violations to the prosecuting attorney of the county in which the alleged offense may be prosecuted. If, within a reasonable period of time, the prosecuting attorney has not agreed to prosecute the violations, the attorney general may proceed in the prosecution with all the rights, privileges, and powers described in division (C)(1) of this section.
Ohio Rev Code § 1349.32 (2021)
2021 Ohio Revised Code|Title 13 | Commercial Transactions|Chapter 1349 | Consumer Protection|Section 1349.32 | Conforming Ohio Law to Federal Law.

Effective: May 24, 2002|Latest Legislation:  House Bill 386 - 124th General Assembly|The purpose of sections 1349.25 to 1349.36 of the Revised Code is to bring Ohio law into conformance with the "Home Ownership and Equity Protection Act of 1994," 108 Stat. 2190, 15 U.S.C.A. 1601 note, as amended, and the regulations and interpretations adopted thereunder by the federal reserve board, in order to facilitate the uniform administration and enforcement of state and federal laws on the regulation of certain high cost mortgages.In furtherance of that purpose, the regulations and interpretations adopted by the federal reserve board to implement the "Home Ownership and Equity Protection Act of 1994," which regulations and interpretations are effective as of the effective date of this section, are hereby deemed applicable to sections 1349.25 to 1349.36 of the Revised Code. Such regulations and interpretations include the amendment of sections 226.32 and 226.34 of Title 12 of the Code of Federal Regulations, which amendment was approved by the federal reserve board on December 12, 2001, and takes effect October 1, 2002.
Ohio Rev Code § 1349.33 (2021)
2021 Ohio Revised Code|Title 13 | Commercial Transactions|Chapter 1349 | Consumer Protection|Section 1349.33 | Rules Adopting Similar Provisions Where Federal Law Is Amended or Modified.

Effective: May 24, 2002|Latest Legislation:  House Bill 386 - 124th General Assembly|(A) Notwithstanding any provision of sections 1349.25 to 1349.36 of the Revised Code, or any rule adopted thereunder, if the "Home Ownership and Equity Protection Act of 1994," 108 Stat. 2190, 15 U.S.C.A. 1601 note, as amended, or any regulation adopted thereunder by the federal reserve board, as amended, is amended or otherwise modified after the effective date of this section, the superintendent of financial institutions may by rule adopt similar provisions. If an amendment or other modification to the "Home Ownership and Equity Protection Act of 1994" requires the adoption of implementing regulations by the federal reserve board, the superintendent shall not adopt any rule under the authority of this section until those regulations are adopted.(B) The superintendent shall adopt the rules authorized by division (A) of this section in accordance with section 111.15 of the Revised Code. Chapter 119. of the Revised Code does not apply to rules adopted under the authority of this section.(C) A rule adopted by the superintendent under the authority of this section is effective on the later of the following dates:(1) The date the superintendent issues the rule;(2) The date the regulation, rule, interpretation, procedure, or guideline the superintendent's rule is based on becomes effective.(D) The superintendent may, upon thirty days' written notice, revoke any rule adopted under the authority of this section. A rule adopted under the authority of this section, and not revoked by the superintendent, lapses and has no further force and effect thirty months after its effective date.
Ohio Rev Code § 1349.35 (2021)
2021 Ohio Revised Code|Title 13 | Commercial Transactions|Chapter 1349 | Consumer Protection|Section 1349.35 | Annual Report.

Effective: May 24, 2002|Latest Legislation:  House Bill 386 - 124th General Assembly|The superintendent of financial institutions shall include, as part of the annual report required by section 1181.09 of the Revised Code, the number of complaints received, the number of enforcement actions taken, and any other relevant data regarding covered loans.
Ohio Rev Code § 1349.36 (2021)
2021 Ohio Revised Code|Title 13 | Commercial Transactions|Chapter 1349 | Consumer Protection|Section 1349.36 | Administrative Rules.

Effective: May 24, 2002|Latest Legislation:  House Bill 386 - 124th General Assembly|The superintendent of financial institutions may, in accordance with Chapter 119. of the Revised Code, adopt reasonable rules to administer and enforce sections 1349.25 to 1349.35 of the Revised Code and to carry out the purpose of those sections as stated in section 1349.32 of the Revised Code.
Ohio Rev Code § 1349.37 (2021)
2021 Ohio Revised Code|Title 13 | Commercial Transactions|Chapter 1349 | Consumer Protection|Section 1349.37 | Office of Consumer Affairs.

Effective: May 24, 2002|Latest Legislation:  House Bill 386 - 124th General Assembly|There is hereby created in the division of financial institutions the office of consumer affairs. The responsibilities of the office shall, at a minimum, include all of the following:(A) Providing education to residents of this state regarding borrowing and related financial topics;(B) Providing referrals to credit counseling services;(C) Receiving complaints regarding alleged failures to comply with section 1349.26 or 1349.27 of the Revised Code;(D) Contacting the persons that are the subject of such complaints, on behalf of the consumers;(E) Referring matters to the superintendent of financial institutions for action under section 1349.34 of the Revised Code.
Ohio Rev Code § 1349.41 (2021)
2021 Ohio Revised Code|Title 13 | Commercial Transactions|Chapter 1349 | Consumer Protection|Section 1349.41 | Prohibited Conduct in Mortgage Loan Sale or Purchase.

Effective: January 1, 2007|Latest Legislation:  Senate Bill 185 - 126th General Assembly|(A) As used in this section:(1) "Consumer" means an individual to whom credit is offered or extended primarily for personal, family, or household purposes.(2) "Lender" means a nonbank mortgage lender as defined in section 1345.01 of the Revised Code. "Lender" does not include a person that purchases or is assigned a loan or that functions solely as the servicer of a loan.(3) "Mortgage" has the same meaning as in section 1322.01 of the Revised Code.(B) A lender shall not engage in a transaction, practice, or course of business that is not in good faith or fair dealing, or that operates a fraud upon any person, in connection with the attempted or actual making, purchase, or sale of any mortgage loan.(C) If a lender fails to comply with division (B) of this section, the affected consumer may recover damages of not less than all compensation paid directly or indirectly to the lender from any source, plus reasonable attorney's fees and court costs.(D) The duty created by this section shall not be waived or modified.
Ohio Rev Code § 1349.43 (2021)
2021 Ohio Revised Code|Title 13 | Commercial Transactions|Chapter 1349 | Consumer Protection|Section 1349.43 | Internet Database - Violations and Enforcement Information.

Effective: October 17, 2019|Latest Legislation:  House Bill 166 - 133rd General Assembly|(A) As used in this section, "loan officer," "mortgage broker," and "nonbank mortgage lender" have the same meanings as in section 1345.01 of the Revised Code. (B) The department of commerce shall establish and maintain an electronic database accessible through the internet that contains information on all of the following: (1) The enforcement actions taken by the superintendent of financial institutions for each violation of or failure to comply with any provision of Chapter 1322. of the Revised Code, upon final disposition of the action; (2) The enforcement actions taken by the attorney general under Chapter 1345. of the Revised Code against loan officers, mortgage brokers, and nonbank mortgage lenders, upon final disposition of each action; (3) All judgments by courts of this state, concerning which appellate remedies have been exhausted or lost by the expiration of the time for appeal, finding either of the following: (a) A violation of any provision of Chapter 1322. of the Revised Code; (b) That specific acts or practices by a loan officer, mortgage broker, or nonbank mortgage lender violate section 1345.02, 1345.03, or 1345.031 of the Revised Code. (C) The attorney general shall notify the department of all enforcement actions and judgments described in divisions (B)(2) and (3)(b) of this section. (D) The department may adopt rules in accordance with Chapter 119. of the Revised Code that are necessary to implement this section. (E) The electronic database maintained by the department in accordance with this section shall not include information that, pursuant to section 1322.36 of the Revised Code, is confidential.  (F) The department may use the multistate licensing system authorized in section 1181.23 of the Revised Code to fulfill its obligations under this section.
Ohio Rev Code § 1349.44 (2021)
2021 Ohio Revised Code|Title 13 | Commercial Transactions|Chapter 1349 | Consumer Protection|Section 1349.44 | Report on Financial Institutions Division Operations.

Effective: March 23, 2018|Latest Legislation:  House Bill 199 - 132nd General Assembly|(A) The superintendent of financial institutions shall report semiannually to the governor and the general assembly on the operations of the division of financial institutions with respect to the following:(1) Enforcement actions instituted by the superintendent for a violation of or failure to comply with any provision of Chapter 1322. of the Revised Code, and their final dispositions; (2) Suspensions, revocations, or refusals to issue or renew certificates of registration and licenses under Chapter 1322. of the Revised Code;(3) Outreach efforts of the office of consumer affairs to provide education regarding predatory lending, borrowing, and related financial topics.(B) The information required under divisions (A)(1) and (2) of this section does not include information that, pursuant to section 1322.36 of the Revised Code, is confidential.
Ohio Rev Code § 1349.45 (2021)
2021 Ohio Revised Code|Title 13 | Commercial Transactions|Chapter 1349 | Consumer Protection|Section 1349.45 | Misleading or Deceptive Use of Financial Institution Name or Logo Prohibited.

Effective: March 23, 2018|Latest Legislation:  House Bill 199 - 132nd General Assembly|(A) As used in this section, "financial institution" means any bank, savings and loan association, savings bank, or credit union; any affiliate or subsidiary of a bank, savings and loan association, savings bank, or credit union; any registrant as defined in section 1321.51 of the Revised Code ; or any person registered as a mortgage lender under Chapter 1322. of the Revised Code.(B) No person shall use the name or logo of any financial institution in connection with the sale, offering for sale, distribution, or advertising of any product or service without the express written consent of the financial institution, if such use is misleading or deceptive as to the source of origin or sponsorship of, or the affiliation with, the product or service.