Effective: March 28, 2017
Latest Legislation: Senate Bill 235 - 131st General Assembly
(A) Effective with the two-year period that begins June 30, 2017, and every two-year period thereafter, each person licensed as a pawnbroker under this chapter shall have at least one person employed at the licensee's place of business who has completed by the end of the period at least eight hours of continuing education instruction offered in a course or program approved by the superintendent of financial institutions after consultation with an industry representative selected by the superintendent.
(B) The superintendent, in accordance with Chapter 119. of the Revised Code, may suspend, revoke, or refuse to renew the license of any licensee who fails to comply with this section.
(C) The superintendent, in accordance with Chapter 119. of the Revised Code, may adopt rules regarding continuing education fees, locations, times, frequency, and waivers of requirements.
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.