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Auto Laws in Effect Clarify Teen Licenses and Debtor Duties
A new Ohio law makes parents financially responsible for damages caused by their teen drivers. It also tightens rules under the Retail Installment Sales Act, requiring dealers to provide full terms and allowing public sales for repossession while enabling promissory notes and security agreements to evidence debt.
MENTIONED IN THIS ARTICLE
Columbus
Ohio
William G. Batchelder
Medina
Batchelder
Edward J. Orlett
Dayton