Effective: November 25, 1969 Latest Legislation: Senate Bill 156 - 108th General Assembly Every vendor under a land installment contract shall, at least once a year or on demand of the vendee, but no more than twice a year, furnish a statement to the vendee showing the following:(A) The amount credited to principal and interest;(B) The balance due.A land contract passbook issued by the vendor or a financial institution shall be sufficient compliance with this section.
Ohio Legal Code