1301:8-4-03 Branch offices.

(A) In connection with division (C) of section 1321.74 of the Revised Code, no licensee may establish or maintain a branch office for purposes of keeping records or accepting payments without first obtaining a license from the division of financial institutions.

(B) An application for approval of such a branch office shall state the proposed location, the function to be performed there and such other information which the division may require, and shall be accompanied by a license fee and, if required by the division, an investigation fee of two hundred dollars.

(C) If the division finds that the branch application is in compliance with the provisions of sections 1321.71 to 1321.84 of the Revised Code, a license shall be issued.

HISTORY: Eff. 7-10-95; 6-3-04

Rule promulgated under: RC 119.03

Rule authorized by: RC 1321.77

Rule amplifies: RC 1321.74

R.C. 119.032 review dates: 03/19/2004 and 05/24/2009