Ohio § 1315.09
Full text of Ohio Ohio Revised Code § 1315.09, with citation guidance and answers to common questions.
§ 1315.09.
(A) Each licensee shall make, keep, and preserve with respect to the licensee the following
books, accounts, and other records for a period of five years to be open to inspection
by the superintendent of financial institutions: (1) A record or records of each money transmission transaction; (2) A general ledger containing all assets, liabilities, capital, income, and expense
accounts, posted at least monthly; (3) All bank statements and bank reconciliation records; (4) A record of all outstandings; (5) A record of all payments made; (6) The names and addresses of all authorized delegates of the licensee; (7) Any other records that the superintendent requires. (B) For purposes of this section, a licensee may retain a document, paper, or other instrument
or record by use of a process to record, copy, photograph, or store a representation
of the original document, paper, or other instrument or record, if all of the following
apply: (1) The process correctly and accurately copies or reproduces, or provides a means for
correctly and accurately copying or reproducing, the original document, paper, or
other instrument or record with regard to both its substance and appearance, except
that the copy or reproduction need not reflect the original paper or other medium,
size, or color, unless the medium, size, or color is necessary to establish the authenticity
of the original. (2) The process does not permit the recording, copy, photographic image, or stored representation
of the original document, paper, or other instrument or record to be altered or manipulated. (3) The medium the process uses to record, copy, photograph, or store a representation
of an original document, paper, or other instrument or record is a durable medium
for retaining and reproducing records. (C) A licensee may maintain its records described in division (A) of this section at
a location other than within this state, so long as the licensee makes its records
accessible to the superintendent on seven business days written notice. (D) No licensee shall fail to comply with this section.
Frequently Asked Questions About Ohio § 1315.09
What does Ohio Revised Code § 1315.09 cover?
Section 1315.09 is part of the Ohio Revised Code, the codified statutory law of Ohio. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Ohio § 1315.09?
A common citation format is "Ohio Revised Code § 1315.09" (Ohio). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Ohio law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Ohio official source linked on this page or consult a licensed Ohio attorney.
How does Ohio § 1315.09 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Ohio can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Ohio.