Ohio Code § 1322.41
Ohio Code § 1322.41. Reproduced from the official Ohio Revised Code, with a citation summary, verification link, and related provisions.
§ 1322.41.
(A) Except as otherwise provided in division (B) of this section, no registrant, or any
member of the immediate family of an owner of a registrant, shall own or control a
majority interest in an appraisal company. (B) Division (A) of this section shall not apply to any registrant, or any member of
the immediate family of an owner of a registrant, who, on January 1, 2010, directly
or indirectly owns or controls a majority interest in an appraisal company. However, such ownership or control is subject to the following conditions: (1) The registrant and members of the immediate family of an owner of a registrant shall
not increase their interest in the company. (2) The interest is not transferable to a member of the immediate family of an owner
of a registrant. (3) If the registrant is convicted of or pleads guilty or nolo contendere to a criminal
violation of this chapter or any criminal offense described in division (A)(1)(b) of section 1322.50 of the Revised Code , the superintendent of financial institutions may, in addition to any of the actions
authorized under section 1322.50 of the Revised Code , order the registrant or members of the immediate family of an owner of a registrant
to divest their interest in the company.
Source: official Ohio text · Last verified 2026-08-27
At a glance
- Citation: Ohio Revised Code § 1322.41
- Jurisdiction: Ohio
- Code: Ohio Revised Code
- Text: transcribed from the official source (verify below)
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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 § 1322.41?
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 § 1322.41 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 § 1322.41 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Statutes are amended, repealed, and renumbered every session.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.
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