Ohio Revised Code
Chapter 4517 | Motor Vehicle Dealers, Auction Owners, and Salespersons
Section 4517.40 | Restricting Retail Installment Contract Sales.

Effective: January 1, 2004
Latest Legislation: Senate Bill 123 - 124th General Assembly
(A) No person who is engaged in or about to engage in the business of selling motor vehicles at retail shall enter into any contract, agreement, or understanding, express or implied, with any manufacturer or distributor of motor vehicles, that the person will sell only to a designated person or class of persons all or any part of the retail installment contracts arising out of the sale by the person of motor vehicles, or that the person will refuse to sell such retail installment contracts to any designated person or class of persons. Any such contract, agreement, or understanding is void.
(B) Whoever violates this section is guilty of a misdemeanor of the fourth degree.

Structure Ohio Revised Code

Ohio Revised Code

Title 45 | Motor Vehicles-Aeronautics-Watercraft

Chapter 4517 | Motor Vehicle Dealers, Auction Owners, and Salespersons

Section 4517.01 | Motor Vehicle Dealer, Auction Owner and Salesperson Definitions.

Section 4517.011 | Construction of Chapter.

Section 4517.02 | License Required to Engage in Motor Vehicle or Manufactured Home Business - Remanufacturers.

Section 4517.021 | Rules Governing Auction of Classic Motor Vehicles.

Section 4517.03 | Established Place of Business Restrictions.

Section 4517.04 | Application for New Motor Vehicle Dealer's License.

Section 4517.05 | Application for Used Motor Vehicle Dealer's License; Mandatory Training.

Section 4517.06 | Application for Motor Vehicle Leasing Dealer's License.

Section 4517.07 | Application for Motor Vehicle Auction Owner's License - Records to Be Open for Inspection.

Section 4517.08 | Application for Distributor's License.

Section 4517.09 | Application for Salesperson's License.

Section 4517.10 | Prescribed Forms and Fees for Licenses.

Section 4517.11 | License Fees Credited to Pubilc Safety - Highway Purposes Fund.

Section 4517.12 | Denial of License as Motor Vehicle Dealer, Motor Vehicle Leasing Dealer, Manufactured Home Broker, or Motor Vehicle Auction Owner.

Section 4517.13 | Denial of Distributor's License.

Section 4517.14 | Denial of Salesperson's License.

Section 4517.15 | Appeal of Denial of License to Motor Vehicle Dealers Board.

Section 4517.16 | Eligibility for Construction Equipment Auction License.

Section 4517.17 | Application for Construction Equipment Auction License; Expiration; Form of License.

Section 4517.171 | Denial or Revocation of Construction Equipment Auction License.

Section 4517.18 | Auction of Large Construction or Transportation Equipment; Prohibited Acts.

Section 4517.19 | Motor Vehicle Wholesaler - Prohibited Acts.

Section 4517.20 | Motor Vehicle Dealer - Prohibited Acts.

Section 4517.21 | Motor Vehicle Auction Owner - Prohibited Acts.

Section 4517.22 | Motor Vehicle Shows.

Section 4517.221 | Display of New Motor Vehicles at Location Other Than Dealership.

Section 4517.23 | Notifying Registrar of Changes of Status.

Section 4517.24 | Two or More Dealers at Same Location.

Section 4517.25 | Mileage Disclosure Statement.

Section 4517.26 | Written Agreement to Precede Sale.

Section 4517.261 | Documentary Service Charge for Sale or Lease.

Section 4517.30 | Motor Vehicle Dealers Board.

Section 4517.31 | Board to Be Part of Department of Public Safety.

Section 4517.32 | Powers and Duties of Board.

Section 4517.33 | Appeals - Rules for Suspension or Revocation.

Section 4517.34 | Assistance by Officials.

Section 4517.40 | Restricting Retail Installment Contract Sales.

Section 4517.41 | Coercing Restriction of Retail Installment Contract Sales.

Section 4517.42 | Circumstances Prohibiting Purchase of Retail Installment Contract.

Section 4517.43 | Confidentiality of Applications.

Section 4517.44 | Record Maintenance.

Section 4517.45 | Damage to Body or Trim of Vehicle by Dealer Affixing Placard or Tag.

Section 4517.49 | Excepting Manufactured Homes.

Section 4517.50 | Notice of Establishment of New Dealer or Relocation.

Section 4517.51 | Determination of Good Cause for Establishment of New Dealer or Relocation.

Section 4517.52 | Fulfillment and Compensation for Warranty and Recall Obligations.

Section 4517.53 | Written Delivery and Preparation Obligations of Franchisees.

Section 4517.54 | Notice of Intent to Terminate or Discontinue.

Section 4517.541 | Termination of Franchise; Notice.

Section 4517.542 | Termination of Franchise; Compensation.

Section 4517.55 | Determination of Good Cause to Terminate Franchise.

Section 4517.56 | Proposed Transfer of Franchise.

Section 4517.57 | Hearing Procedure for Protest.

Section 4517.58 | Board Decision.

Section 4517.59 | Prohibited Acts.

Section 4517.60 | Indemnification and Holding Harmless of Franchisee.

Section 4517.61 | Franchisor's Damage Disclosure Statement.

Section 4517.62 | Franchisee's Duties to Franchisor and Public.

Section 4517.63 | Writing Required for Certain Actions.

Section 4517.64 | Duties of Franchisor.

Section 4517.65 | Liability of Franchisor.

Section 4517.99 | Penalty.