4501:1-3-31 Exemption from notice of change.

Motor vehicle dealers shall be exempt from the provisions of division (A) of section 4517.23 of the Revised Code, requiring dealers to notify the registrar of changes in the status of personnel of owners, partners, officers and/or directors, if stock in the dealer or its parent company has been traded publicly and public records with state and federal agencies document such change.

R.C. 119.032 review dates: 01/23/2013 and 10/26/2017
Promulgated Under: 119.03
Statutory Authority: R.C. 4501.02
Rule Amplifies: R.C. 4517.23
Prior Effective Dates: 8/3/78, 4/20/96, 7/1/10