Legal Opinion
Minster Farmers Cooperative Exchange Co. v. Dues
Ohio Supreme Court
Decided March 26, 2008No. Nos. 2006-1061 and 2006-1069PublishedCited by 52 opinions
1Opinion of the CourtPfeifer, J.
{¶ 1} The issue in these consolidated cases concerns the “written contract” requirement of R.C. 1343.03(A). R.C. 1343.03(A) states that the interest rate on a book account shall be the statutory rate set forth in R.C. 5703.47 “unless a written contract provides a different rate of interest.” Today we hold that notations on invoices and account statements setting forth an interest rate do not constitute a “written contract” for purposes of R.C. 1343.03(A).
*460Factual and Procedural Background
The Meyer Case
{¶ 2} Appellee and cross-appellant, Minster Farmers Cooperative Exchange Company, Inc.…
2Cases cited16 opinions
- Great Northern Railway Co. v. Sunburst Oil & Refining Co.Supreme Court of the United States · 1932
- Sturm v. BokerSupreme Court of the United States · 1893
- Kostelnik v. HelperOhio Supreme Court · 2002
- Kostelnik v. HelperOhio Supreme Court · 2002
- Episcopal Retirement Homes, Inc. v. Ohio Department of Industrial RelationsOhio Supreme Court · 1991
11 more not listed; retrieve them via the Exa API.
3Cited by52 opinions
- Rayess v. Educational Commission for Foreign Medical GraduatesOhio Supreme Court · 2012
- Taylor v. First Resolution Invest. Corp. (Slip Opinion)Ohio Supreme Court · 2016
- DiCenzo v. A-Best Products Co.Ohio Supreme Court · 2008
- Mishler v. HaleOhio Court of Appeals · 2014
- State Ex Rel. Skyway Investment Corp. v. Ashtabula County Court of Common PleasOhio Supreme Court · 2011
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