Ohio Code § 1707.39
Ohio Code § 1707.39. Reproduced from the official Ohio Revised Code, with a citation summary, verification link, and related provisions.
§ 1707.39.
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 the qualification of such securities
under such sections. If it appears to the division that no person has been defrauded, prejudiced, or
damaged by such noncompliance or sale and that no person will be defrauded, prejudiced,
or damaged by such qualification, the division may permit such securities to be so
qualified upon the payment of a fee of one hundred dollars plus a fee of one-fifth
of one per cent of the aggregate price at which the securities have been sold in this
state, which fee shall in no case be less than one hundred dollars nor more than two
thousand dollars. In addition, the division may require the applicant to advance sufficient funds
to pay the actual expenses of an examination or investigation by the division, whether
to be conducted in this state or outside this state. An itemized statement of such expenses shall be furnished to the applicant. Such qualification shall estop the division from proceeding under division (D) of section 1707.23 of the Revised Code against anyone who has violated division (C)(1) of section 1707.44 of the Revised Code for acts within the scope of the application, or from proceeding with administrative
action pursuant to section 1707.13 of the Revised Code .
Source: official Ohio text · Last verified 2026-08-27
At a glance
- Citation: Ohio Revised Code § 1707.39
- 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
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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 § 1707.39 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 § 1707.39 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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