At least one time every year the division of banking institutions shall make an study of the business enterprise, loans, publications, documents, and documents of each and every licensee to date if it is necessary for the proper administration of sections 1321.01 to 1321.19 of the Revised Code as they pertain to the licensed business, and it may make such an examination more frequently.
The division may at any time investigate the business and examine the books, accounts, papers, and records used therein, of for the purpose of discovering violations
(B) Other individuals engaged in the business enterprise described in section 1321.02 of the Revised Code or participating in such company as major, representative, broker, or else;
(C) anyone whom the division has cause that is reasonable think has violated, is breaking, or perhaps is going to break sections 1321.01 to 1321.19 associated with the Revised Code, whether or perhaps not the person claims to behave under such parts. For the true purpose of this part, any individual who advertises, solicits, or holds self away as ready to make, find, or arrange for the next person which will make loan deals within the quantity or associated with the worth of five thousand dollars or less, is assumed to be involved with the company described in the 1st paragraph of area 1321.02 for the Revised Code.
For the true purpose of this part, the unit shall have and get offered free use of the workplaces and places of company, files, safes, and vaults of all of the such people, and can even need the attendance of, and examine under oath, anyone in accordance with such loans or such company or even the topic matter of any assessment, research, or hearing. (más…)