Loans without nonrecourse loan provisions

Ohio Rev. Code Ann. § 1319.09, under Chapter 1319 | Miscellaneous Credit Transactions.

Ohio Rev. Code Ann. § 1319.09

Section 1319.08 of the Revised Code does not prohibit a loan that is secured by a mortgage on real property located in this state from being fully recourse to the borrower or guarantor, including, but not limited to, as a result of a postclosing solvency covenant, if the loan documents for that loan do not contain nonrecourse loan provisions.