Ohio § 1321.642
Full text of Ohio Ohio Revised Code § 1321.642, with citation guidance and answers to common questions.
§ 1321.642.
(A) If there is a change of five per cent or more in the ownership of a licensee, the
division of financial institutions may make any investigation necessary to determine
whether any fact or condition exists that, if it had existed at the time of the original
application for a license, the fact or condition would have warranted the division
to deny the application under section 1321.64 of the Revised Code . (B) A licensee shall give the superintendent of financial institutions sixty days prior
written notice before there is a change of fifty per cent or more in the ownership
of the licensee.
Frequently Asked Questions About Ohio § 1321.642
What does Ohio Revised Code § 1321.642 cover?
Section 1321.642 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 § 1321.642?
A common citation format is "Ohio Revised Code § 1321.642" (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 § 1321.642 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.