1321.07 Yearly study of licensee – charges and mileage of sheriff and witnesses – subpoena.

1321.07 Yearly study of licensee – charges and mileage of sheriff and witnesses – subpoena.

At least one time every year the unit of banking institutions shall make a study of the business enterprise, loans, publications, papers, and records of each and every licensee to date while they relate to the licensed company, plus it can make such an assessment with greater regularity in case it is needed for the appropriate administration of sections 1321.01 to 1321.19 regarding the Revised Code.

For the intended purpose of discovering violations, the unit may whenever you want investigate the business enterprise and examine the books, reports, documents, and documents utilized therein, of:

(B) Other people engaged in the company described in section 1321.02 of the Revised Code or taking part in such company as major, representative, broker, or elsewhere;

(C) anyone whom the division has reasonable cause to think has violated, is breaking, or is planning to break parts 1321.01 to 1321.19 regarding the Revised Code, whether or perhaps not the person claims to do something under such parts. For the intended purpose of this area, any one who advertises, solicits, or holds self away as willing to make, find, or arrange for the next individual which will make loan transactions within the amount or associated with worth of five thousand bucks or less, is assumed become involved in the company described in the 1st paragraph of area 1321.02 associated with the Revised Code.

The division shall have and be given free access to the offices and places of business, files, safes, and vaults of all such persons, and may require the attendance of, and examine under oath, any person relative to such loans or such business or to the subject matter of any examination, investigation, or hearing for the purpose of this section. The unit might need the attendance of these witnesses while the manufacturing of such publications, documents, and documents, since might be needed either by the unit or by any party to a hearing ahead of the division, as well as that purpose may issue a subpoena for almost any witness or perhaps a subpoena duces tecum, to compel the creation of any books, records, or documents, directed towards the sheriff of this county where witness that is such or is discovered, which will probably be served and came back in much the same as a subpoena in unlawful instances is served and returned.UTF8[……]

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