Ohio § 1321.38 Contents of short-term loan license; additional licenses; change of place of business

Ohio Statutes

§ 1321.38 — Contents of short-term loan license; additional licenses; change of place of business

Ohio § 1321.38

Title 13Commercial Transactions

Ch. 1321Various Loans

This text of Ohio § 1321.38 (Contents of short-term loan license; additional licenses; change of place of business) is published on Counsel Stack Legal Research, covering Ohio primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Ohio Rev. Code Ann. § 1321.38 (2026).

Text

(A)A license issued by the superintendent of financial institutions pursuant to sections1321.35to1321.48of the Revised Code shall state the address at which the business of making loans is to be conducted and shall state the full name of the business. Each license issued shall be conspicuously posted in the place of business and is not transferable or assignable.

(B)(1) Not more than one place of business shall be maintained under the same license issued under sections1321.35to1321.48of the Revised Code, but the superintendent may issue additional licenses to the same applicant upon compliance with those sections.

(2)No change in the place of business of a licensee to a location outside the original municipal corporation shall be permitted under the same license. When a

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(A) A license issued by the superintendent of financial institutions pursuant to sections1321.35to1321.48of the Revised Code shall state the address at which the business of making loans is to be conducted and shall state the full name of the business. Each license issued shall be conspicuously posted in the place of business and is not transferable or assignable.

(B)(1) Not more than one place of business shall be maintained under the same license issued under sections1321.35to1321.48of the Revised Code, but the superintendent may issue additional licenses to the same applicant upon compliance with those sections.

(2) No change in the place of business of a licensee to a location outside the original municipal corporation shall be permitted under the same license. When a licensee wishes to change its place of business within the same municipal corporation, written notice thereof shall be given in advance to the superintendent who shall provide without cost a license pursuant to sections1321.35to1321.48of the Revised Code for the new address.

Last updated November 4, 2021 at 4:05 PM