Ohio Code § 4728.04

Ohio Code § 4728.04. Reproduced from the official Ohio Revised Code, with a citation summary, verification link, and related provisions.

§ 4728.04.

(A) The application for a license under this chapter shall state fully the name and address

of the person, or corporation, and of every member of the firm, partnership, or association,

authorized to do business thereunder, the name of the individual responsible for the

daily operation of the business, and the location of the office or place of business

in which the business is conducted.  In the case of a corporation, the application also shall state the date and place

of incorporation, the name and address of the corporation's manager, the names and

addresses of corporate directors, and the name and address of the agent, as provided

in section 4728.03 of the Revised Code . The holder of a precious metals dealer's license shall keep the license posted in

a conspicuous place in the office where business is transacted.  No licensee shall transact or solicit business under any other name or location.  Not more than one office or place of business shall be maintained under the same

license, except as provided under division (C) of this section.  In case of removal, the licensee shall provide written notice in advance to the

division of financial institutions in the department of commerce of a prospective

change of address of a business location.  Upon approval by the superintendent of financial institutions, the division shall

issue a new license.  If the new location is outside the municipal corporation or county of the original

licensed location, the licensee shall pay an additional license fee according to section 4728.03 of the Revised Code . (B) A person licensed under this chapter shall post a conspicuous notice in its place

of business visible to all patrons, in a form and at places designated by rule of

the division, that the licensee has no right to retain goods stolen from the true

owner, and that the owner may recover the goods or their value from the licensee in

an action at law or, if the chief or head of a local police department or the chief's

or head's representative takes custody of the goods, by release pursuant to section 2981.11 of the Revised Code . (C)(1) The superintendent may issue to a person licensed under this chapter or Chapter 4727.

of the Revised Code a temporary exhibition permit for a term that coincides with that

of the license of the licensee.  A person issued a permit under this division may engage in the business of purchasing

articles made of or containing gold, silver, platinum, or other precious metals or

jewels from the public at a bona fide auction, convention, exhibition, fair, or show,

the primary purpose of which is to display, trade, and sell articles made of or containing

precious metals or jewels, for a period not to exceed seven days for any one auction,

convention, exhibition, fair, or show. (2) The superintendent shall determine the application procedures for and the form of

the temporary exhibition permit described in this division, provided that a temporary

permit shall state fully the name and permanent business address of the licensee to

whom it is issued. (3) The holder of a temporary exhibition permit shall, when participating in any auction,

convention, fair, or show, conspicuously display the holder's permit at the location

at which the holder transacts business. (4) A permit holder who wishes to participate in an auction, convention, exhibition,

fair, or show shall, at least two weeks prior to its scheduled opening, submit to

the superintendent, or the chief or the head of the local police department with jurisdiction

at the location of the event, the holder's name, the location of the auction, convention,

exhibition, fair, or show, and the holder's permanent business address as it appears

on the holder's permit issued under division (C)(2) of this section. (5) All purchases of articles made of or containing gold, silver, platinum, or other

precious metals or jewels conducted under a temporary exhibition permit are subject

to sections 4728.06 to 4728.09 , 4728.13 , and 4728.99 of the Revised Code as if made under a license.

Source: official Ohio text · Last verified 2026-08-27

At a glance

  • Citation: Ohio Revised Code § 4728.04
  • 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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