Ohio § 1707.37
Full text of Ohio Ohio Revised Code § 1707.37, with citation guidance and answers to common questions.
§ 1707.37.
(A) All fees and charges collected under this chapter shall be paid into the state treasury
to the credit of the division of securities fund, which is hereby created. All expenses of the division of securities, other than those specified in division
(B) of this section, shall be paid from the fund. The fund shall be assessed a proportionate share of the administrative costs of the
department of commerce in accordance with procedures prescribed by the director of
commerce. The assessments shall be paid from the division of securities fund to the division
of administration fund. If moneys in the division of securities fund are determined by the director of budget
and management and the director of commerce to be in excess of those necessary to
defray all the expenses in any fiscal year, the director of budget and management
shall transfer the excess to the general revenue fund. (B) There is hereby created in the state treasury the division of securities investor
education and enforcement expense fund, which shall consist of all money received
in settlement of any violation of this chapter and any cash transfers. Money in the fund shall be used to pay expenses of the division of securities relating
to education or enforcement for the protection of securities investors and the public. The division may adopt rules pursuant to section 1707.20 of the Revised Code that establish what qualifies as such an expense.
Frequently Asked Questions About Ohio § 1707.37
What does Ohio Revised Code § 1707.37 cover?
Section 1707.37 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 § 1707.37?
A common citation format is "Ohio Revised Code § 1707.37" (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 § 1707.37 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.