Section 1707.50 | Violations, Penalties, and Private Rights of Action.
Effective: March 31, 2021 Latest Legislation: House Bill 312 – 133rd General Assembly (A) As used in this section, “violation” means a violation of any provision of this chapter in connection with the sale of securities under sections 1707.05 to 1707.058 of the Revised Code where the filing is made pursuant to division (K) of […]
Section 1707.99 | Penalty.
Effective: March 31, 2021 Latest Legislation: House Bill 312 – 133rd General Assembly Whoever commits any act described in division (A) of section 1707.042 or section 1707.44 of the Revised Code is guilty of a violation of sections 1707.01 to 1707.50 of the Revised Code and the following apply to the offender: (A) If the […]
Section 1707.431 | Claiming Exemption for Publicly Advertised Meeting.
Effective: March 31, 2021 Latest Legislation: House Bill 312 – 133rd General Assembly For purposes of this section, the following persons shall not be deemed to have effected, participated in, or aided the seller in any way in making, a sale or contract of sale in violation of sections 1707.01 to 1707.50 of the Revised […]
Section 1707.44 | Prohibited Acts.
Effective: March 31, 2021 Latest Legislation: House Bill 312 – 133rd General Assembly (A)(1) No person shall engage in any act or practice that violates division (A), (B), or (C) of section 1707.14 of the Revised Code, and no salesperson shall sell securities in this state without being licensed pursuant to section 1707.16 of the […]
Section 1707.45 | Burden of Proof.
Effective: October 8, 2001 Latest Legislation: Senate Bill 32 – 124th General Assembly In any indictment, complaint, or information under section 1707.44 of the Revised Code, it shall not be necessary to negative the existence of facts which would bring a security within section 1707.02 of the Revised Code, or would bring a transaction within […]
Section 1707.46 | Duties of Commissioner of Securities.
Effective: September 29, 2005 Latest Legislation: House Bill 66 – 126th General Assembly The principal executive officer of the division of securities shall be the commissioner of securities, who shall be appointed by the director of commerce. The commissioner of securities shall enforce all the laws and administrative rules enacted or adopted to regulate the […]
Section 1707.47 | Ohio Investor Recovery Fund.
Effective: September 30, 2021 Latest Legislation: House Bill 110 – 134th General Assembly (A) As used in this section and section 1707.471 of the Revised Code: (1) “Claimant” means a person that files an application for restitution assistance on behalf of a victim. (2) “Final order” means a final administrative order issued by the division […]
Section 1707.471 | Restitution Assistance Awards From Ohio Investor Recovery Fund.
Effective: September 30, 2021 Latest Legislation: House Bill 110 – 134th General Assembly (A) A person that is eligible for a restitution assistance award under section 1707.47 of the Revised Code may submit an application for restitution assistance to the division in a manner and form prescribed by the division of securities. (B) To receive […]
Section 1707.48 | Division of Securities to Retain Documents and Records or Copies.
Effective: March 18, 1999 Latest Legislation: House Bill 695 – 122nd General Assembly The division of securities shall retain the originals or copies of all documents filed with the division pertaining to registration by description, qualification, or coordination and all filings for claims of exemption for eight years from the date of the initial filing. […]
Section 1707.49 | Reporting Elder Financial Exploitation.
Effective: September 30, 2021 Latest Legislation: House Bill 110 – 134th General Assembly (A) As used in this section: (1) “Eligible adult” means either of the following: (a) A person sixty years of age or older; (b) A person eligible to receive protective services pursuant to sections 5101.60 to 5101.71 of the Revised Code. (2) […]