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2020 Ohio Revised Code
Title 13 | Commercial Transactions
Chapter 1321 | Small Loans
Section 1321.65 | Net Worth Requirements.
Universal Citation: Ohio Rev Code § 1321.65 (2020)
Effective: September 12, 2017
Latest Legislation: Senate Bill 24 - 132nd General Assembly
Each licensee that conducts business under sections 1321.62 to 1321.702 of the Revised Code shall maintain both of the following:
(A) A net worth of at least fifty thousand dollars;
(B) For each license, assets of at least fifty thousand dollars either in use or readily available for use in the conduct of the business.
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