Ohio § 1707.16
Full text of Ohio Ohio Revised Code § 1707.16, with citation guidance and answers to common questions.
§ 1707.16.
(A) Every salesperson of securities must be licensed by the division of securities and
shall be employed, authorized, or appointed only by the licensed dealer specified
in the salesperson's license. If the relationship between the salesperson and the dealer is severed, the salesperson's
license shall be void. (B) Application for a salesperson's license shall be made in accordance with this section
and by filing with the division the information, materials, and forms specified in
rules adopted by the division, along with all of the following information: (1) The name and complete residence and business addresses of the applicant; (2) The name of the dealer who is employing the applicant or who intends to employ the
applicant; (3) The applicant's age and education, and the applicant's experience in the sale of
securities; whether the applicant has ever been licensed by the division, and if
so, when; whether the applicant has ever been refused a license by the division;
and whether the applicant has ever been licensed or refused a license or any similar
permit by any division or commissioner of securities, whatsoever name known or designated,
anywhere. (C) The division shall by rule require an applicant to pass an examination designated
by the division. (D)(1) Except as provided in division (D)(2) of this section, if the division finds that
the applicant is of good business repute, appears to be qualified to act as a salesperson
of securities, and has fully complied with this chapter, and that the dealer named
in the application is a licensed dealer, the division shall, upon payment of the fees
prescribed by section 1707.17 of the Revised Code , issue a license to the applicant authorizing the applicant to act as salesperson
for the dealer named in the application. (2) The division shall issue a license to act as a salesperson of securities in accordance
with Chapter 4796. of the Revised Code to an applicant if either of the following
applies: (a) The applicant holds a license in another state. (b) The applicant has satisfactory work experience, a government certification, or a
private certification as described in that chapter as a salesperson of securities
in a state that does not issue that license.
Frequently Asked Questions About Ohio § 1707.16
What does Ohio Revised Code § 1707.16 cover?
Section 1707.16 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 § 1707.16?
A common citation format is "Ohio Revised Code § 1707.16" (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 § 1707.16 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.