Effective: July 1, 2009
Latest Legislation: House Bill 525 - 127th General Assembly
(A) The superintendent of financial institutions may make any investigation and conduct any hearing the superintendent considers necessary to determine whether any person has violated sections 1315.21 to 1315.28 of the Revised Code, or has engaged in conduct that would justify the suspension, revocation, or refusal of an original or renewal check-cashing license.
(B) In making any investigation or conducting any hearing pursuant to this section, the superintendent, or any person designated by the superintendent, at any time may compel by subpoena witnesses, may take depositions of witnesses residing without the state in the manner provided for in civil actions, pay any witnesses the fees and mileage for their attendance provided for under section 119.094 of the Revised Code, and administer oaths. The superintendent also may compel by order or subpoena duces tecum the production of, and examine, all relevant books, records, accounts, and other documents. If a person does not comply with a subpoena or subpoena duces tecum, the superintendent may apply to the court of common pleas of Franklin county for an order compelling the person to comply with the subpoena or subpoena duces tecum or, for failure to do so, an order to be held in contempt of court. If the person is licensed under section 1315.23 of the Revised Code, the superintendent also may suspend, revoke, or refuse an original or renewal license.
(C) In connection with any investigation under this section, the superintendent may file an action in the court of common pleas of Franklin county or the court of common pleas of the county in which the person who is the subject of the investigation resides, or is engaging in or proposing to engage in actions in violation of sections 1315.21 to 1315.28 of the Revised Code, to obtain an injunction, temporary restraining order, or other appropriate relief.
Structure Ohio Revised Code
Title 13 | Commercial Transactions
Chapter 1315 | Transmitters of Money; Check-Cashing Businesses
Section 1315.01 | Transmitters of Money Definitions.
Section 1315.02 | Recipient of Money to Be Licensed or Authorized.
Section 1315.03 | Application for Money Transmitter License - Confidentiality.
Section 1315.04 | Determination on Application - Conditional Approval.
Section 1315.05 | Continuing Duties of Licensees.
Section 1315.06 | Minimum Amount of Permissible Investments.
Section 1315.07 | Satisfactory Security Device Maintained.
Section 1315.08 | Quarterly Reports - Annual Financial Statements.
Section 1315.081 | Written Report of Specified Events.
Section 1315.09 | Records Required to Be Kept.
Section 1315.10 | Application for Approval of Control Acquisition.
Section 1315.101 | Approval of Application for Control Acquisition.
Section 1315.11 | Conduct of Activities Through Authorized Delegate.
Section 1315.12 | Examination of Records and Affairs of Licensee.
Section 1315.121 | Administrative Powers of Superintendent.
Section 1315.122 | Examination Information Privileged and Confidential.
Section 1315.13 | Superintendent to Establish Fees.
Section 1315.14 | Implementing Rules.
Section 1315.141 | Criminal Records Check to Be Requested by Superintendent.
Section 1315.15 | Notice of Charges - Cease and Desist Order.
Section 1315.151 | Suspension or Revocation of License.
Section 1315.152 | Civil Penalties for Violation or Breach.
Section 1315.153 | Injunctive Relief for Violation of Rc 1315.02.
Section 1315.16 | Enforcement Powers of Superintendent.
Section 1315.161 | Service of Notice, Subpoena, or Order.
Section 1315.17 | Administrative Hearing - Judicial Review - Enforcement of Order.
Section 1315.18 | Termination of Business - Approval of Plan - Implementation.
Section 1315.21 | Check-Cashing Businesses Definitions.
Section 1315.22 | Application for License to Operate Check-Cashing Business.
Section 1315.24 | Investigation of Violations - Hearings - Injunctive Relief.
Section 1315.25 | Conditions for Deposit of Checks Into Financial Institution.
Section 1315.26 | Limitations on Fees and Charges.
Section 1315.28 | Prohibited Acts - Damages for Violation.
Section 1315.30 | State to Solely Regulate Check-Cashing Business.
Section 1315.51 | Transaction Reporting, Money Laundering Definitions.
Section 1315.52 | Liberal Construction of Statutes.
Section 1315.53 | Reporting Transactions - Records.
Section 1315.54 | Investigations.