Ohio § 1321.05
Full text of Ohio Ohio Revised Code § 1321.05, with citation guidance and answers to common questions.
§ 1321.05.
Each license shall state the address at which the business is to be conducted and
shall state fully the name of the licensee. Each license shall be kept conspicuously posted in the place of business of the
licensee and is not transferable or assignable. Each license shall remain in effect until surrendered, revoked, or suspended under section 1321.08 or 3123.47 of the Revised Code . Every licensee shall each year pay to the division of financial institutions a license
fee and an assessment as determined by the superintendent pursuant to section 1321.20 of the Revised Code . Payment of such renewal fee shall be according to the provisions of this section
and the standard renewal procedure of sections 4745.01 to 4745.03 of the Revised Code . No other or further license fee or assessment shall be required from any such licensee
by the state or any political subdivision in the state. Every licensee shall maintain for each license current assets of at least ten thousand
dollars, either in use or readily available for use in the conduct of the business.
Frequently Asked Questions About Ohio § 1321.05
What does Ohio Revised Code § 1321.05 cover?
Section 1321.05 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 § 1321.05?
A common citation format is "Ohio Revised Code § 1321.05" (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 § 1321.05 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.