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This website publishes administrative rules on their effective dates, as designated by the adopting state agencies, colleges, and universities.

Rule 1301:9-2-27 | Interest rebate.

 

The board of directors may authorize the payment of an interest rebate on loan accounts, upon reasonable terms, if:

(A) The board of directors authorizes the method of computation, payment and qualifications for participation in such rebate; and

(B) Any rebate of interest is recorded as a reduction of the loan interest for the accounting period to which it applies.

Last updated July 8, 2024 at 8:57 AM

Supplemental Information

Authorized By: 1733.41
Amplifies: 1733.04
Five Year Review Date: 7/8/2029
Prior Effective Dates: 8/3/1993