Ohio Code § 1321.05
Ohio Code § 1321.05. Reproduced from the official Ohio Revised Code, with a citation summary, verification link, and related provisions.
§ 1321.05.
Each license shall state the address at which the business is to be conducted and
shall state fully the name of the licensee. Each license shall be kept conspicuously posted in the place of business of the
licensee and is not transferable or assignable. Each license shall remain in effect until surrendered, revoked, or suspended under section 1321.08 or 3123.47 of the Revised Code . Every licensee shall each year pay to the division of financial institutions a license
fee and an assessment as determined by the superintendent pursuant to section 1321.20 of the Revised Code . Payment of such renewal fee shall be according to the provisions of this section
and the standard renewal procedure of sections 4745.01 to 4745.03 of the Revised Code . No other or further license fee or assessment shall be required from any such licensee
by the state or any political subdivision in the state. Every licensee shall maintain for each license current assets of at least ten thousand
dollars, either in use or readily available for use in the conduct of the business.
Source: official Ohio text · Last verified 2026-08-27
At a glance
- Citation: Ohio Revised Code § 1321.05
- Jurisdiction: Ohio
- Code: Ohio Revised Code
- Text: transcribed from the official source (verify below)
Verify the text
Statute text is transcribed from the official Ohio Revised Code. Confirm it against the primary source before relying on it:
Not legal advice. Verify against the official source and consult a licensed Ohio attorney.
Common questions
What is the source of Ohio Revised Code § 1321.05?
The text above is transcribed from the Ohio Revised Code, the codified statutes of Ohio. The official publisher link appears under "Verify the text" on this page.
What subject does Ohio Revised Code § 1321.05 address?
It addresses the rule set out in the section text. Read the section together with the surrounding provisions listed under "Nearby provisions" for the full picture.
Is Ohio Revised Code § 1321.05 still in force?
Statutes are amended, repealed, and renumbered every session. Confirm the current version at the official Ohio source before relying on this text.
Can this page be used as legal advice?
No. This is a reference transcription for research. Applying Ohio law to your facts requires a licensed Ohio attorney who can review the specifics.