Ohio § 1322.07
Full text of Ohio Ohio Revised Code § 1322.07, with citation guidance and answers to common questions.
§ 1322.07.
(A)(1) No person, on the person's own behalf or on behalf of any other person, shall engage
in the transaction of business as a mortgage lender, mortgage servicer, or mortgage
broker in this state without first having obtained a certificate of registration from
the superintendent of financial institutions for the principal office and every branch
office to be maintained by the person for the transaction of business as a mortgage
lender, mortgage servicer, or mortgage broker in this state. (2) A registrant shall maintain an office location for the transaction of business as
a mortgage lender, mortgage servicer, or mortgage broker in any state of the United
States. Registrants are not required to maintain a physical location in this state. (B)(1) No individual shall act as a mortgage loan originator without first having obtained
a license from the superintendent. A mortgage loan originator shall be employed by or associated with a registrant
or entity holding a valid letter of exemption under this chapter, but shall not be
employed by or associated with more than one registrant or entity holding a valid
letter of exemption under this chapter at any one time. (2) An individual acting under the individual's authority as a registered mortgage loan
originator shall not be required to be licensed under division (B)(1) of this section.
Frequently Asked Questions About Ohio § 1322.07
What does Ohio Revised Code § 1322.07 cover?
Section 1322.07 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 § 1322.07?
A common citation format is "Ohio Revised Code § 1322.07" (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 § 1322.07 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.