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The Legislative Service Commission staff updates the Revised Code on an ongoing basis, as it completes its act review of enacted legislation. Updates may be slower during some times of the year, depending on the volume of enacted legislation.

Section 3953.09 | Prohibited services.

Ohio Revised Code
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Title 39 Insurance
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Chapter 3953 Title Insurance
 
Effective:
December 12, 1967
Latest Legislation:
Senate Bill 224 - 107th General Assembly
PDF:
Download Authenticated PDF
 

A title insurance company shall not engage in the business of guaranteeing the payment of the principal or the interest of notes, bonds, or other obligations secured by mortgages upon real property. A title insurance company shall not engage in the business of guaranteeing the completion of improvements in this state. Notwithstanding section 1735.01 of the Revised Code, a title guarantee and trust company may not guarantee the collection of interest and principal of mortgage loans.

Available Versions of this Section