No person shall acquire, sell, transfer, or hypothecate any interest in a registrant, or an entity holding a letter of exemption issued under this chapter, or an applicant for a certificate of registration under this chapter in order to obfuscate or conceal the true ownership or control of the registrant, exemption holder, or applicant.

Terms Used In Ohio Code 1322.15

  • Control: means the power, directly or indirectly, to direct the management or policies of an entity, whether through ownership of securities, by contract, or otherwise. See Ohio Code 1322.01
  • Entity: means a business organization, including a sole proprietorship. See Ohio Code 1322.01
  • Person: means an individual, sole proprietorship, corporation, company, limited liability company, partnership, limited liability partnership, trust, or association. See Ohio Code 1322.01
  • Registrant: means any person that has been issued a certificate of registration under this chapter. See Ohio Code 1322.01

Last updated June 15, 2021 at 5:33 PM

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