Effective: March 28, 2017
Latest Legislation: Senate Bill 235 - 131st General Assembly
No person shall act as a pawnbroker, or advertise, transact, or solicit business as a pawnbroker, without first having obtained a license from the superintendent of financial institutions. A person shall obtain a separate license for each place of business at which the person acts or transacts business as a pawnbroker.
Structure Ohio Revised Code
Title 47 | Occupations-Professions
Section 4727.01 | Pawnbroker Definitions.
Section 4727.02 | License Required.
Section 4727.03 | Experience and Fitness - Disciplinary Actions.
Section 4727.031 | Effect of Child Support Default on License.
Section 4727.04 | Application for License - Posting License.
Section 4727.05 | Conduct of Investigations.
Section 4727.06 | Interest Charges.
Section 4727.07 | Statement to Seller or Pledgor.
Section 4727.08 | Maintenance and Use of Pawn and Purchase Forms.
Section 4727.09 | Furnishing Information to Police Chief or Sheriff.
Section 4727.10 | Prohibited Transactions.
Section 4727.11 | Redemption, Forfeiture of Pawned Property.
Section 4727.12 | Required Retention Period.
Section 4727.13 | Administrative Rules.
Section 4727.15 | Prohibited Acts - Penalties.
Section 4727.16 | Advertisements.
Section 4727.17 | Approval of Sale, Transfer or Hypothecation of Interest in License.
Section 4727.18 | Confidentiality.
Section 4727.19 | Continuing Education.
Section 4727.20 | Maintaining Liquid Assets or Surety Bond - Notice of Action Against Licensee.
Section 4727.21 | State Is Exclusive Regulator of Pawnbroker.
Section 4727.22 | Compliance With Law Regarding Sanctions for Human Trafficking.