One or more times every year the division of finance institutions shall make a study of the business enterprise, loans, books, 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 rise credit loans fees to the licensed business, and it may make such an examination more frequently.
For the true purpose of discovering violations, the unit may whenever you want investigate the business enterprise and examine the books, accounts, papers, and records utilized therein, of:
(B) Other people involved with the business described in section 1321.02 of the Revised Code or taking part in such business as principal, representative, broker, or else;
(C) anyone who the division has cause that is reasonable think has violated, is breaking, or perhaps is going to violate parts 1321.01 to 1321.19 associated with Revised Code, whether or perhaps 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.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 may necessitate the attendance of these witnesses in addition to creation of such publications, documents, and documents, because can be required either because of the unit or by any celebration to a hearing prior to the division, as well as for that function may issue a subpoena for almost any witness or even a subpoena duces tecum, to compel the production of any books, records, or documents, directed to the sheriff associated with the county where such witness resides or perhaps is found, which will be offered and returned very much the same as being a subpoena in unlawful instances is offered and came back.
The charges regarding the sheriff will probably be just like that allowed within the court of typical pleas in unlawful situations.
Witnesses will be paid the costs and mileage provided for under area 119.094 of the Revised Code. Costs and mileage will be paid through the funds associated with the division. No witness subpoenaed during the example of parties apart from the unit is eligible for payment from the state for attendance or travel unless the division certifies that the witness’ testimony was material to the matter that is subject of hearing.
If anyone doesn’t register any declaration or report, or fails to obey any subpoena, or even to offer testimony, or to respond to questions, or even to create any publications, documents, papers, accounts, or documents as needed by the unit under sections 1321.01 to 1321.19 regarding the Revised Code, any court of typical pleas, upon application built to it and upon evidence being made from such failure, could make an purchase awarding procedure for subpoena or subpoena duces tecum out from the court for such witness to look and testify ahead of the unit, and may also make an purchase that any person provide testimony and respond to questions as needed, and produce books, documents, papers, records, or documents as needed. Upon filing such purchase utilizing the clerk regarding the court of typical pleas, the clerk shall, beneath the seal associated with court, problem process of subpoena to show up ahead of the division at any given time and put named therein, therefore from time to time before the study of such individual is finished. The subpoena may have a way that such witness bring to such assessment any publications, documents, papers, records, or documents therein mentioned, while the clerk shall issue, underneath the seal associated with the court, such other or further sales in mention of the assessment, look, and creation of publications, documents, documents, records, or documents once the court directs. The court, on motion supported by proof, may order an attachment for contempt to be issued against any person charged with disobeying any order or injunction issued out of the court of common pleas under sections 1321.01 to 1321.19 of the Revised Code if any person so summoned by subpoena issued by the clerk fails to obey the subpoena or to answer any directions therein, or to give testimony, or to answer questions as required, or to produce any books, records, documents, accounts, or papers as required, or if any such person fails to obey any order. In the event that individual so offending is brought prior to the court by virtue of these attachment, and in case upon a hearing disobedience that is such, the court may purchase the offender to be committed and held in close custody before the further purchase regarding the court.