2006 Ohio Revised Code - 943.02. License required for dealers and brokers; soliciting agent for video auction.

§ 943.02. License required for dealers and brokers; soliciting agent for video auction.
 

(A)  No person shall act as a dealer or broker without first being licensed. No person shall be an employee of more than one dealer or broker. Except as provided in division (B) of this section, no person holding a license as a dealer or broker shall be an employee. No employee shall act for any dealer or broker unless the dealer or broker is licensed, and has designated the employee to act in his behalf and has notified the department of agriculture in his application for license or has given official notice in writing of the appointment of the employee. The dealer or broker shall be accountable and responsible for all contracts pertaining to the purchase, exchange, or sale of livestock made by the employee. The dealer or broker who terminates the services of an employee shall notify the department in writing of the employee's termination. No person who is a licensed dealer or broker shall have livestock exempted pursuant to divisions (B)(1) through (5) of section 943.01 of the Revised Code. 

(B)  A dealer or broker may be an employee of other dealers or brokers only when he is a soliciting agent for a video auction. 

(C)  The director of agriculture shall define by rule "soliciting agent" and "video auction" for the purposes of this section. 
 

HISTORY: GC § 1177-72; 116 v 437, § 2; 121 v 602; Bureau of Code Revision, 10-1-53; 128 v 672 (Eff 1-1-60); 130 v 268 (Eff 7-26-63); 130 v Pt2, 59 (Eff 12-16-64); 132 v H 911 (Eff 6-11-68); 134 v H 1138 (Eff 1-1-73); 145 v S 134. Eff 6-20-94.
 

The effective date of H 1138 is set by section 3 of the act.