Ohio Rev. Code § 3915.11

Interest added to principal debt

Last amended: 1953Year: 2026Length: 50 wordsOfficial source
October 1, 1953 House Bill 1 - 100th General Assembly In ascertaining the indebtedness due upon policy or premium loans, the interest, if not paid when due, shall be added to the principal of such loans and shall bear interest at the rate specified in the note or loan agreement.
Ohio Rev. Code § 3915.11: Interest added to principal debt | Justis AI