Department of Commerce - Procedures and Practices - Lending license.


Published: 2021-01-01

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(A) No arrangement, direct or indirect, shall be entered into by any licensee whereby a licensee lends the licensees name or license for the benefit of another licensee, an unlicensed person or any entity where the lender licensee is not a principal, member, employee or contractor.

(B) Evidence that a licensee has entered into an arrangement to lend the licensees name or license under the provisions of this rule shall constitute prima facie evidence of a violation of division (I) of section 4764.14 of the Revised Code.