One or more times every year the unit of banking institutions shall make an study of the business enterprise, loans, publications, papers, and records of every licensee up to now because they relate into the licensed business, and it also could make such an assessment with greater regularity if it is required for the appropriate management of sections 1321.01 to 1321.19 for the Revised Code.

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

(B) Other individuals involved with the business enterprise described in section 1321.02 of the Revised Code or taking part in such company as major, agent, broker, or elsewhere;

(C) anybody whom the unit has reasonable cause to believe has violated, is violating, or perhaps is going to break parts 1321.01 to 1321.19 for the Revised Code, whether or otherwise not the person claims to behave under such parts. Any person who advertises, solicits, or holds self out as willing to make, find, or arrange for another person to make loan transactions in the amount or of the value of five thousand dollars or less, is presumed to be engaged in the business described in the first paragraph of section 1321.02 of the Revised Code for the purpose of this section. Continue reading →