(A) If there is a change of five per cent or more in the ownership of a licensee,
the division of financial institutions may make any investigation necessary to determine
whether any fact or condition exists that, if it had existed at the time of the original
application for a license, the fact or condition would have warranted the division
to deny the application under section 1321.64 of the Revised Code.
(B) A licensee shall give the superintendent of financial institutions sixty days
prior written notice before there is a change of fifty per cent or more in the ownership
of the licensee.
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature or via Westlaw before relying on it for your legal needs.
Was this helpful?
Response sent, thank you
Welcome to FindLaw's Cases & Codes
A free source of state and federal court opinions, state laws, and the United States Code. For more information about the legal concepts addressed by these cases and statutes, visit FindLaw's Learn About the Law.