The division of financial institutions shall investigate the facts concerning the applicant and the requirements provided for in divisions (A) and (B) of this section upon the filing of an application under section 1321.03 of the Revised Code and payment of fees pursuant to section 1321.20 of the Revised Code.
The unit shall accept the application form and problem and deliver a permit to your applicant if the unit discovers both of the annotated following:
(A) That the monetary duty, experience, reputation, and basic physical physical fitness of this applicant as well as the people thereof, in the event that applicant is really a partnership or a connection, as well as the officers and directors thereof, in the event that applicant is really a company, are such as for example to justify the fact the company are going to be operated lawfully, actually, and fairly under www maxlend loans parts 1321.01 to 1321.19 associated with Revised Code and in the purposes of these parts, that the applicant has completely complied with those parts, and that the applicant is qualified to do something being a licensed loan provider;