Ohio Rev. Code § 1321.65

Current with legislation from 2024 received as of August 15, 2024.

Section 1321.65 - Asset requirements of consumer installment loan licensee

Each licensee that conducts business under sections 1321.62 to 1321.702 of the Revised Code shall maintain both of the following:

(A) A net worth of at least fifty thousand dollars;

(B) For each license, assets of at least fifty thousand dollars either in use or readily available for use in the conduct of the business.

R.C. § 1321.65

Added by 132nd General Assembly, SB 24,§1, eff. 7/1/2017.