Parts 1321.01 to 1321.19, comprehensive, of this Revised Code could be modified, amended, or repealed to be able to effect a termination or alteration of every permit or right of a licensee, so long as such termination or alteration shall perhaps perhaps not impair or impact the obligation of every pre-existing agreement between any licensee and any debtor, nor the best regarding the licensee to gather principal, interest, and costs as set forth in said responsibility.
Annual permit or certification of registration charge.
(A) everybody licensed or registered under this chapter shall spend to your superintendent of banking institutions, ahead of the final day’s June, a yearly license or certificate of enrollment cost. The superintendent shall figure out the license or certificate costs to be charged, pursuant to sections 1321.03 on or around the fifteenth day’s April of every 12 months 1321.05, and 1321.73 regarding the Revised Code. Such dedication will be produced by dividing the appropriation when it comes to consumer finance element of the division of banking institutions when it comes to present year that is fiscal the sheer number of licenses and certificates given as for the date of this computation. In no occasion shall the total amount of the fee exceed 3 hundred bucks, except that the most cost which can be charged insurance coverage premium finance companies certified under part 1321.73 regarding the Revised Code shall maybe not meet or exceed three hundred seventy-five bucks. Ahead of the very first day’s June of each and every 12 months, the superintendent shall notify each individual certified or registered under this chapter of this quantity of the permit or fee that is certificate the succeeding fiscal year as dependant on this area. Continue reading “Alteration or cancellation of permit.”