If a covered loan transaction includes any term prohibited by Ohio R.C. 1349.27 or by Section 757.03, the consumer shall have the right to rescind the transaction in accordance with Section 129(J) of the “Home Ownership and Equity Protection Act of 1994,” 108 Stat. 2190, 15 U.S.C.A. 1639(J), as amended, and the regulations adopted thereunder by the Federal Reserved Board, as amended. (Ord. 72-2003. Passed 6-2-03.)