Ohio § 1321.09

§ 1321.09.

(A) Every licensee shall keep and use in the licensee's business such books, accounts,

and records as will enable the division of financial institutions to determine whether

the licensee is complying with sections 1321.01 to 1321.19 of the Revised Code and with the orders and rules made by the division under those sections.  Every licensee shall preserve such books, accounts, and records for at least two

years after making the final entry on any loan recorded therein.  Accounting systems maintained in whole or in part by mechanical or electronic data

processing methods that provide information equivalent to that otherwise required

are acceptable for this purpose. As required by the superintendent of financial institutions, every licensee each year

shall file a report with the division giving such relevant information concerning

the business and operations, during the preceding calendar year, of each licensed

place of business conducted by the licensee within the state.  If a licensee has more than one place of business within this state it is optional

with the licensee to furnish the report for each location, or a composite report for

all locations.  Such report shall be made under oath in the form prescribed by the division, which

shall make and publish annually an analysis and recapitulation of such reports.  Such licensee reports are not public records and shall only be used by the division

for the purpose of enforcing sections 1321.01 to 1321.19 of the Revised Code or any rules or orders made in compliance with those sections.  Such licensee reports may be introduced into evidence or disclosed when and in the

manner authorized in section 1181.25 of the Revised Code , or in connection with criminal proceedings. This section does not prevent the division from releasing to or exchanging with other

financial institution regulatory authorities information relating to licensees. (B) For purposes of this section, “ financial institution regulatory authority ” includes a regulator of a business activity in which a licensee is engaged, or has

applied to engage in, to the extent that the regulator has jurisdiction over a licensee

engaged in that business activity.  A licensee is engaged in a business activity, and a regulator of that business activity

has jurisdiction over the licensee, whether the licensee conducts the activity directly

or a subsidiary or affiliate of the licensee conducts the activity.