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Can a pawnbroker obtain title to a motor vehicle under a resale exemption?

April 26, 2017motor obtain pawnbroker resale title vehicle

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Can a pawnbroker obtain title to a motor vehicle under a resale exemption?

1 Answer

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Yes. Pawnbrokers taking title to a vehicle pursuant to Section 4505.102 of the Ohio Revised Code to protect a loan may use the term “Resale – financial institution” (RF).