Effective: March 31, 2021 Latest Legislation: House Bill 312 – 133rd General Assembly As used in this chapter: (A) Whenever the context requires it, “division” or “division of securities” may be read as “director of commerce” or as “commissioner of securities.” (B) “Security” means any certificate or instrument, or any oral, written, or electronic agreement, […]
Effective: September 16, 2003 Latest Legislation: House Bill 7 – 125th General Assembly (A) “Exempt,” as used in this section, means exempt from sections 1707.08 to 1707.11 and 1707.39 of the Revised Code. (B)(1) Except as provided in division (B)(2) of this section, the following securities are exempt, if the issuer or guarantor has the […]
Effective: March 31, 2021 Latest Legislation: House Bill 312 – 133rd General Assembly (A) As used in this section, “exempt” means that, except in the case of securities the right to buy, sell, or deal in which has been suspended or revoked under an existing order of the division of securities under section 1707.13 of […]
Effective: March 31, 2021 Latest Legislation: House Bill 312 – 133rd General Assembly (A) The division of securities may consider and conduct hearings upon any plan of reorganization, recapitalization, or refinancing of a corporation organized under the laws of this state, or having its principal place of business within this state, when such plan is […]
Effective: October 12, 2006 Latest Legislation: House Bill 301 – 126th General Assembly (A)(1) No control bid for any securities of a subject company shall be made pursuant to a tender offer or request or invitation for tenders until the offeror files with the division of securities the information prescribed in division (A)(2) of this […]
Effective: March 31, 2021 Latest Legislation: House Bill 312 – 133rd General Assembly (A) No person who makes or opposes a control bid to offerees in this state shall knowingly do any of the following: (1) Make any untrue statement of a material fact or omit to state a material fact necessary in order to […]
Effective: April 11, 1990 Latest Legislation: Senate Bill 321 – 118th General Assembly (A) For the purpose of preventing manipulative practices by a person who makes a proposal, or publicly discloses the intention or possibility of making a proposal, to acquire control of a corporation formed under the laws of this state, any profit realized, […]
Effective: March 31, 2021 Latest Legislation: House Bill 312 – 133rd General Assembly As used in sections 1707.05 to 1707.058 of the Revised Code: (A) “OhioInvests issuer” means an entity organized under the laws of this state, other than a general partnership, that meets all of the following requirements: (1) The entity satisfies the requirements […]
Effective: March 31, 2021 Latest Legislation: House Bill 312 – 133rd General Assembly Subject to section 1707.058 of the Revised Code, the offer, sale, and issuance of securities is exempt from the requirements of sections 1707.08 to 1707.11 of the Revised Code if all of the following conditions are met: (A) The issuer is an […]
Effective: March 31, 2021 Latest Legislation: House Bill 312 – 133rd General Assembly The disclosure document provided to each prospective purchaser through an OhioInvests portal shall contain all of the following: (A) The following information regarding the OhioInvests issuer: (1) The type of entity it is; (2) The address and telephone number of its principal […]
Effective: March 31, 2021 Latest Legislation: House Bill 312 – 133rd General Assembly The certification obtained by the portal operator from each prospective purchaser through an OhioInvests portal shall, at a minimum, state the following: “I UNDERSTAND AND ACKNOWLEDGE THAT: If I make an investment in an offering through this OhioInvests portal, it is very […]
Effective: March 31, 2021 Latest Legislation: House Bill 312 – 133rd General Assembly (A) No person other than a dealer licensed under this chapter shall offer or sell securities pursuant to an OhioInvests offering or otherwise act as a portal operator unless the person is licensed as a portal operator by the division of securities […]
Effective: March 31, 2021 Latest Legislation: House Bill 312 – 133rd General Assembly No portal operator that is not also a licensed dealer shall do any of the following: (A) Offer investment advice or recommendations, or solicit the purchase or sale of securities. For purposes of this division, a portal operator shall not be considered […]
Effective: March 31, 2021 Latest Legislation: House Bill 312 – 133rd General Assembly (A) Each portal operator shall do all of the following: (1) Provide the division of securities with read-only access to the administrative sections of its OhioInvests portal; (2) Upon the written request of the division, furnish to the division any of the […]
Effective: March 31, 2021 Latest Legislation: House Bill 312 – 133rd General Assembly (A) Each portal operator shall maintain and preserve, for a period of at least five years from either the date of the closing or date of the termination of the securities offering, all of the following: (1) The name of each issuer […]
Effective: March 31, 2021 Latest Legislation: House Bill 312 – 133rd General Assembly (A) As used in this section, “affiliated party” means any of the following: (1) Any predecessor to the issuer; (2) Any affiliated issuer; (3) Any director, executive officer, other officer participating in the offering, general partner, or managing member of the issuer; […]
Effective: October 8, 2001 Latest Legislation: Senate Bill 32 – 124th General Assembly (A) The following transactions in securities may be carried out upon compliance with sections 1707.08 and 1707.11 of the Revised Code: (1) The sale of its securities by a corporation may be so carried out when no part of the securities to […]
Effective: September 10, 2012 Latest Legislation: House Bill 487 – 129th General Assembly (A) The transactions enumerated in section 1707.06 of the Revised Code may be consummated on compliance with this section and section 1707.11 of the Revised Code. (B) A description, verified either by the oath of the individual filing it or of any […]
Effective: September 16, 2003 Latest Legislation: House Bill 7 – 125th General Assembly (A)(1) All securities, except those enumerated in section 1707.02 of the Revised Code and those that are the subject matter of a transaction permitted by section 1707.03, 1707.04, or 1707.06 of the Revised Code, shall be qualified in the manner provided by […]
Effective: October 11, 1994 Latest Legislation: House Bill 488 – 120th General Assembly (A) Any security for which a registration statement has been filed pursuant to Section 6 of the Securities Act of 1933 or for which a notification form and offering circular has been filed pursuant to regulation A of the general rules and […]
