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1321.19 Cancellation or alteration of permit.

1321.19 Cancellation or alteration of permit.

Parts 1321.01 to 1321.19, comprehensive, of this Revised Code are modified, amended, or repealed to be able to impact a termination or alteration of any permit or right of the licensee, so long as such termination or alteration shall perhaps not impair or impact the responsibility of any pre-existing agreement between any licensee and any debtor, nor the best associated with the licensee to gather principal, interest, and costs as set forth in said responsibility.

Effective Date: 10-01-1953.

1321.20 license that is annual certification of enrollment cost.

(A) everyone certified or registered under this chapter shall spend towards the superintendent of finance institutions, before the last day’s June, a annual permit or certification of enrollment charge. The superintendent shall figure out the license or certificate charges to be charged, pursuant to sections 1321.03 on or just around the fifteenth day of April of each and every 12 months 1321.05, and 1321.73 associated with Revised Code. Such dedication will probably be created by dividing the appropriation when it comes to customer finance portion of the unit of banking institutions when it comes to present financial 12 months by how many licenses and certificates granted as of this date regarding the computation. In no occasion shall the amount of the fee exceed three hundred bucks, except that the utmost cost which might be charged insurance coverage premium boat loan companies certified under part 1321.73 of this Revised Code shall maybe perhaps maybe not meet or exceed three hundred seventy-five bucks. Before the very very first day’s June of every 12 months, the superintendent shall inform every person certified or registered under this chapter associated with quantity of the permit or certificate cost for the succeeding fiscal year as dependant on this part.

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