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) […]
Section 1707.32 | Insurance Securities.
Effective: March 31, 2021 Latest Legislation: House Bill 312 – 133rd General Assembly If an issuer of securities is incorporated or organized to make any insurance named in Title XXXIX of the Revised Code, the superintendent of insurance shall, for all the purposes of sections 1707.01 to 1707.50, inclusive, of the Revised Code, be substituted […]
Section 1707.34 | Warehouse Receipts for Intoxicating Liquor.
Effective: March 31, 2021 Latest Legislation: House Bill 312 – 133rd General Assembly (A) Sections 1707.01 to 1707.50 of the Revised Code do not apply to the sale of warehouse receipts for intoxicating liquor to distillers, to rectifiers, or to any person engaged in the business of dealing in warehouse receipts. (B) Warehouse receipts for […]
Section 1707.35 | Securities Authorized Before July 22, 1929.
Effective: March 31, 2021 Latest Legislation: House Bill 312 – 133rd General Assembly All securities which were “certificated” by the division of securities before July 22, 1929, are, if the “certification” remained unrevoked on such date, qualified for all purposes under sections 1707.01 to 1707.50, inclusive, of the Revised Code. All securities authorized to be […]
Section 1707.36 | Attorney-Inspector – Control-Bid Attorneys.
Effective: September 13, 1999 Latest Legislation: House Bill 6 – 123rd General Assembly (A) There is hereby created in the division of securities a position to be known as attorney-inspector, which shall be held only by an attorney at law. The duties of this position are to investigate and report upon all complaints and alleged […]
Section 1707.37 | Division of Securities Fund.
Effective: September 30, 2021 Latest Legislation: House Bill 110 – 134th General Assembly (A) All fees and charges collected under this chapter shall be paid into the state treasury to the credit of the division of securities fund, which is hereby created. All expenses of the division of securities, other than those specified in division […]
Section 1707.38 | Effect of Violation on Validity of Security.
Effective: March 31, 2021 Latest Legislation: House Bill 312 – 133rd General Assembly The issuance or sale of any security in violation of sections 1707.01 to 1707.50, inclusive, of the Revised Code, does not invalidate such security; but the rights of persons defrauded by any such issuance or sale shall not be impaired.
Section 1707.39 | Qualification of Securities Sold Without Compliance.
Effective: March 31, 2021 Latest Legislation: House Bill 312 – 133rd General Assembly When any securities have been sold without compliance with sections 1707.01 to 1707.50 of the Revised Code, or any former law in force at the time of such sale, any interested person may apply in writing to the division of securities for […]
Section 1707.391 | Late Applications.
Effective: March 31, 2021 Latest Legislation: House Bill 312 – 133rd General Assembly When any securities have been sold in reliance upon division (Q), (W), (X), or (Y) of section 1707.03 of the Revised Code, section 1707.08 of the Revised Code, or any other section of this chapter that the division of securities may specify […]