Effective: March 14, 2023
Latest Legislation: Senate Bill 249 - 134th General Assembly
The superintendent of financial institutions shall consult with all applicable agencies before admitting a person into the regulatory sandbox. This consultation may include seeking information about any of the following:
(A) Whether the applicable agency previously has either:
(1) Issued a license or other authorization to the applicant;
(2) Investigated, sanctioned, or pursued legal action against the applicant.
(B) Whether the applicant could obtain a license or other authorization from an applicable agency after exiting the regulatory sandbox.
Last updated January 17, 2023 at 5:45 PM
Structure Ohio Revised Code
Title 13 | Commercial Transactions
Chapter 1355 | Regulatory Sandbox Program
Section 1355.01 | Definitions.
Section 1355.02 | Regulatory Sandbox Program.
Section 1355.03 | Application for Entry Into Sandbox.
Section 1355.04 | Input From Applicable Agencies.
Section 1355.05 | Terms of Participation in Sandbox.
Section 1355.06 | Consumer Disclosures.
Section 1355.07 | Exiting the Sandbox.
Section 1355.08 | Extension of Testing Period.
Section 1355.09 | Recordkeeping, Test Failure, Security Breach.
Section 1355.10 | Confidentiality and Disclosure of Information.