Ohio HB620 prohibits financing the purchase of dogs or cats.

Ohio HB620 amends the Revised Code to prohibit retail sellers, licensees, and registrants from making retail installment sales or loans for the purchase, lease, or lease-purchase of dogs or cats. Any such transaction made in violation of this prohibition is void, and the seller or lender has no right to collect any principal, interest, or charges related to the transaction and no security interest in the animal. The bill also provides legal recourse for borrowers injured by such violations.

Ohio HB620 prohibits financing the purchase of dogs or cats.

Ohio HB620 amends the Revised Code to prohibit retail sellers, licensees, and registrants from making retail installment sales or loans for the purchase, lease, or lease-purchase of dogs or cats. Any such transaction made in violation of this prohibition is void, and the seller or lender has no right to collect any principal, interest, or charges related to the transaction and no security interest in the animal. The bill also provides legal recourse for borrowers injured by such violations.