Ohio Administrative Code

19.03 PDF: (A) The written company policy required under section 4735.54 of the Revised Code shall be available to all affiliated licensees and, at a minimum, address the following information and be applicable to all offices of the brokerage:(1) The types of agency relationships…

19.03 PDF: (A) Divisions (A)(2) to (A)(4) of section 4735.55 of the Revised Code shall only apply to an agency agreement in which the property identified on the agency agreement falls within the definition of housing accommodation as contained in any municipal, state, or federal …

19.03 PDF: (A) A broker shall develop a consumer guide to agency relationships that contains the written disclosures required by division (B) of section 4735.56 of the Revised Code.(B) The consumer guide to agency relationships shall:(1) Be entitled "Consumer Guide to Agency Rela…

19.03 PDF: (A) (1) If a purchaser or seller declines to acknowledge receipt of the "Consumer Guide to Agency Relationships" required pursuant to section 4735.56 of the Revised Code or sign an agency disclosure form that is presented as required by section 4735.58 of the Revised C…

19.03 PDF: The following appendix A contains the form to be used for the agency disclosure statement, as required by section 4735.57 of the Revised Code. View Appendix Last updated February 11, 2025 at 8:40 AM Authorized By: 4735.10 Amplifies: 4735.57 Five Year Review Date: 1/3/2…

19.03 PDF: (A) When an agency relationship is formed between a licensee and client, that client may delegate to that licensee, the authority to specifically appoint other licensees within the same brokerage to represent the client's interests. This delegation must be done in writ…

19.03 PDF: (A) Except as provided in section 4735.75 of the Revised Code, a licensee shall not negotiate the sale, exchange or lease of any real property directly with the purchaser or tenant if the licensee has actual knowledge that the purchaser or tenant has entered into a wri…

19.03 PDF: In accordance with division (D) of section 5302.30 of the Revised Code, the attached residential property disclosure form is prescribed by the director of commerce to permit transferors of residential real estate to disclose material matters relating to the physical co…

19.03 PDF: (A) All real estate licensees, except as provided in paragraph (D) of this rule, are required to certify completion of thirty hours of continuing education courses every three years. If a licensee is licensed as a broker, broker on deposit, or acts as a management leve…

19.03 PDF: (A) Continuing education courses shall be completed in seminars, schools, and educational institutions which are not limited to institutions providing two-year or four-year degrees but may include qualifying public or private schools, firms, associations, organizations…

19.03 PDF: (A) No provider shall certify to the attendance of a licensee who was not present during at least ninety per cent of the course.(B) The provider shall issue a certificate to a licensee who successfully completed the course. The certificate shall include the following i…

19.03 PDF: (A) The superintendent may deny the initial application or renewal for any continuing education course if the superintendent finds that the course does not meet the requirements of Chapter 4735. of the Revised Code or of rules 1301:5-7-02 to 1301:5-7-04 of the Administ…

19.03 PDF: (A) A course provider proposing to offer continuing education credit to license renewal applicants shall remit to the division of real estate and professional licensing annual fees in accordance with the following schedule:(1) For each application for initial approval …

19.03 PDF: (A) Persons seeking approval to be an instructor of a continuing education course shall submit to the division of real estate and professional licensing on the appropriate form prescribed by the division certifying that they meet at least one of the following qualifica…

19.03 PDF: (A) For purposes of this rule, the term "distance education" refers to educational programs in which instruction is accomplished through the use of interactive, electronic media and where the teacher and student are not physically in the same location at the time the c…

19.03 PDF: (A) Post-licensing education courses for brokers and salespeople shall be completed in seminars, schools, and educational institutions which are not limited to institutions providing two-year or four-year degrees but may include qualifying public or private schools, fi…

h 119. PDF: The division will not issue a statement or opinion as to the value or merit of any security nor give its endorsement to any security or plan of sale. Last updated May 4, 2026 at 3:05 PM Authorized By: – Amplifies: – Five Year Review Date:

19.03 PDF: (A) "Having no readily determinable value," as used in division (L)(1) of section 1707.01 of the Revised Code means any securities not listed on an exchange specified in division (E)(1) of section 1707.02 of the Revised Code or approved by the division in accordance wi…

19.03 PDF: (A) For purposes of division (E) of section 1707.02 of the Revised Code, the division finds that securities listed on the national securities exchanges, or segments or tiers thereof, as identified by rule 146 under the Securities Act of 1933, 15 U.S.C.A. 77a shall be d…

19.03 PDF: (A) Definitions. For the purposes of this rule and section 1707.03 of the Revised Code:(1) "Bank" shall have the meaning specified in division (O) of section 1707.01 of the Revised Code.(2) "Escrow Agreement" shall mean a written instrument established by a dealer regi…

19.03 PDF: (A) If an offeror makes a control bid for any securities of a subject company pursuant to a tender offer or request or invitation for tenders that is not subject to section 14(d) of the Securities Exchange Act of 1934, 15 U.S.C.A. 78a, as amended, any person who deposi…

19.03 PDF: (A) Every registration by description filed with the division pursuant to section 1707.06 of the Revised Code shall be filed on an appropriate division form. A registration by description intended to comply with division (A)(1) of section 1707.06 of the Revised Code sh…

19.03 PDF: (A) A registration by description shall have a period of effectiveness of sixteen months.(B) Notwithstanding paragraph (A) of this rule and upon good cause shown, the division may grant an extended period of effectiveness for a registration by description that does not…

19.03 PDF: (A) Application.(1) An application to register securities by qualification in accordance with section 1707.09 of the Revised Code shall be made on a form 9 of the division or on form U-1 of the North American securities administrators association, and shall, as applica…

19.03 PDF: (A) A registration statement filed pursuant to section 1707.091 of the Revised Code shall include the following documents in addition to the information specified in divisions (B)(1) and (B)(4) of section 1707.091 of the Revised Code, and the consent to service of proc…

19.03 PDF: (A) Issuers may elect to submit notice filings to the division electronically.(1) Investment companies that have registered securities, or have filed a registration statement, under the Investment Company Act of 1940, 15 U.S.C. 80a-1 et seq., as amended, issuers relyin…

19.03 PDF: (A) For purposes of division (B) of section 1707.12 of the Revised Code, information obtained by the division through any offering materials filed with the division in connection with exempt transactions under division (Q) of section 1707.03 of the Revised Code or thro…

19.03 PDF: (A) If an application to register securities pursuant to section 1707.09, 1707.091, or 1707.39 of the Revised Code has been on file with the division for more than one year without becoming registered, the division may withdraw the application without prejudice and ref…

19.03 PDF: (A) A dealer's license shall be required of a person who acts as a dealer, as defined in division (E) of section 1707.01 of the Revised Code subject, to the provisions of division (A)(1) of section 1707.14 of the Revised Code, and to the following exceptions:(1) Withou…

19.03 PDF: (A) The notice filing specified in division (B) of section 1707.141 of the Revised Code shall:(1) Consist of a fully completed part 1 of the form ADV, uniform application for investment adviser registration, fully completed schedules and disciplinary reporting pages pe…

19.03 PDF: (A) Pursuant to division (C) of section 1707.142 of the Revised Code, a dealer that is not required under federal law or the law of this state to register as a broker or dealer with the securities and exchange commission may elect to comply with paragraphs (B) to (M) o…

19.03 PDF: (A) License application. The license application specified in section 1707.15 of the Revised Code shall consist of:(1) A completed form BD of the securities and exchange commission submitted to the division through the central registration depository, or CRD, maintaine…

19.03 PDF: (A) Definitions. As used in this rule:(1) "Affiliated person" has the same meaning as set forth in section 2(a)(3) of the Investment Company Act of 1940, as amended.(2) "Assignment" as used in paragraph (H) of this rule includes any direct or indirect transfer or hypot…

19.03 PDF: (A) The division shall not issue a license to any applicant for licensing as a salesperson who has not first furnished evidence to the division that they have:(1) Been licensed as a salesperson by the division within the two years immediately preceding the date of the …

19.03 PDF: (A) License application contents and procedure. Pursuant to division (D) of section 1707.161 of the Revised Code, investment adviser representative license application and procedure shall be as follows:(1) The license application specified in division (D) of section 17…

19.03 PDF: (A) License application contents and procedure. Pursuant to division (A) of section 1707.163 of the Revised Code, state retirement system investment officer license application and procedure shall be as follows:(1) The license application shall consist of:(a) A properl…

19.03 PDF: (A) License application contents and procedure. Pursuant to division (A) of section 1707.165 of the Revised Code, the bureau of workers' compensation chief investment officer license application and procedure shall be as follows:(1) The license application shall consis…

19.03 PDF: (A) No dealer or salesperson shall:(1) Engage in any pattern of unreasonable or unjustified delay in the delivery of securities sold;(2) Induce trading in a customer's account which is excessive in size or frequency in view of the financial resources of the customer or…

19.03 PDF: (A) Hearings conducted by the division pursuant solely to section 1707.23 of the Revised Code shall be investigative in nature with attendance restricted by the division to those persons whose presence is necessary for the efficient conduct of the hearing, and shall be…

19.03 PDF: (A) An application may be made pursuant to section 1707.391 of the Revised Code to exempt, qualify or register securities when the only deficiency is a failure to timely file or a failure to properly file with the division the appropriate form due to excusable neglect …

19.03 PDF: (A) Advertisements by investment advisers and investment adviser representatives.(1) It shall constitute a fraudulent, deceptive, or manipulative act, practice, or course of business within the meaning of section 1707.44 of the Revised Code for any investment adviser l…

ther PDF: (A) Reviewing applications for restitution assistance awards(1) The claimant needs to produce a copy of a valid identification showing Ohio residency of the claimant or the victim on the date the pecuniary loss was incurred and the following to demonstrate that the clai…

19.03 PDF: (A) The division shall draft schedules for the retention of consents to service of process filed with the division, in any medium filed with, or retained by, the division, as part of a registration by description, a registration by qualification, a registration by coor…

19.03 This rule was filed with the Legislative Service Commission in PDF format and is presented here as filed. View Rule Text View AppendixView Appendix Last updated November 20, 2025 at 12:08 AM Authorized By: R.C. §§ 3721.032, 3731.02(A) and (E), 3731.03(D), 3731.041(A)(4) and…

19.03 This rule was filed with the Legislative Service Commission in PDF format and is presented here as filed. View Rule Text Last updated November 20, 2025 at 12:08 AM Authorized By: R.C. §§ 3737.22(A)(1), 3737.82, 3737.83(A)-(G) Amplifies: R.C. §§ 3737.22(A)(1), 3737.82, 3737.…

19.03 This rule was filed with the Legislative Service Commission in PDF format and is presented here as filed. View Rule Text Last updated November 20, 2025 at 12:08 AM Authorized By: R.C. §§ 3737.22(A)(1), 3737.65, 3737.82, 3737.83(A)-(G) Amplifies: R.C. §§ 3737.22(A)(1), 3737.…

19.03 This rule was filed with the Legislative Service Commission in PDF format and is presented here as filed. View Rule Text Last updated November 20, 2025 at 12:08 AM Authorized By: R.C. §§ 3737.22(A)(1), 3737.73(A), 3737.82, 3737.83(A)-(G) Amplifies: R.C. §§ 3737.22(A)(1), 37…