Effective: July 30, 1993
Latest Legislation: House Bill 266 - 120th General Assembly
On and after January 1, 1993, no check-cashing business shall deposit, in a financial institution, any check cashed by the check-cashing business unless both of the following conditions are met:
(A) The check is indorsed with the name of the check-cashing business that appears on its license.
(B) The words "licensed check-cashing business" are written legibly or stamped immediately after or below the name of the indorser.
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.