Lawriter - OAC - 4501:1-3-30 Licensing of leasing employees.

4501:1-3-30 Licensing of leasing employees.

An employee of a motor vehicle leasing dealer other than a sole proprietor, officer of a corporation, trustee of a business trust, or in the case of a partnership or limited liability company, partner or member, or any such entity as defined in division (A) of section 4517.01 of the Revised Code, shall be licensed as a motor vehicle salesperson under sections 4517.09, 4517.14 and 4517.20 of the Revised Code if the employee engages in the business of regularly making available, offering to make available, or arranging for another person to use a motor vehicle for personal, family, or household use pursuant to a bailment, lease, or other contractual arrangement under which a charge is made for its use at a periodic rate for a term of thirty days or more where title to the motor vehicle is in a person other than the user.

Effective: 1/27/2018
Five Year Review (FYR) Dates: 11/6/2017 and 11/01/2022
Promulgated Under: 119.03
Statutory Authority: 4517.32
Rule Amplifies: 4517.32
Prior Effective Dates: 09/30/1978, 05/09/1998