(A) No person, on and after January 1, 1993, shall operate a check-cashing business
without first obtaining a license from the superintendent of financial institutions.
(B) Application for an original license required under this section or a renewal license
required under section 1315.23 of the Revised Code shall be in writing, under oath, and in the form prescribed by the superintendent. The application shall contain the following information:
(1)(a) If the applicant is an individual, the individual's exact name and residence
(b) If the applicant is a partnership, the exact name and residence address of each
member of the partnership;
(c) If the applicant is a corporation or association, the exact name and residence
address of each director and principal officer of the corporation or association.
(2) The complete address of the principal office or offices from which the business
is to be conducted, showing the street and number, if any, and the municipal corporation
(3) Any other pertinent information that the superintendent requires.
(C) For purposes of division (B) of this section, an applicant shall not use a post-office
box address as the only address for the applicant's residence or principal office
(D) Application for a license shall be accompanied by an initial, nonrefundable investigation
fee not to exceed two hundred fifty dollars, except if the applicant's principal place
of business is located outside this state, in which case the initial, nonrefundable
investigation fee shall not exceed one thousand dollars. The applicant also shall pay an annual license fee for each business location not
to exceed five hundred dollars, except that applications for original licenses issued
on or after the first day of July for any year shall be accompanied by an annual fee
not to exceed two hundred fifty dollars. All fees paid to the superintendent pursuant to this division shall be deposited
by the superintendent into the state treasury to the credit of the consumer finance
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