R.C. § 1349.66 High-Volume Seller Notification Requirements

• Library: Ohio Statutes
• Edition: 2023
• Currency: Current with legislation from 2024 received as of February 15, 2024.
• Year: 2023
• Citation: R.C. § 1349.66

(A) An online marketplace shall require any high-volume third party seller on such online marketplace's platform to provide, not later than ten days after qualifying as a high-volume third party seller on the platform, all of the following information to the online marketplace:

(1)

(a) A bank account number, or, if such seller does not have a bank account, the name of the payee for payments issued by the online marketplace to such seller.

(b) The bank account or payee information required under division (A)(1)(a) of this section may be provided by the seller in either of the following ways:

(i) To the online marketplace;

(ii) To a payment processor or other third party contracted by the online marketplace to maintain such information, provided that the online marketplace ensures that it can obtain such information on demand from such payment processor or other third party.

(2) Contact information for such seller as follows:

(a) With respect to a high-volume third party seller that is an individual, the individual's name.

(b) With respect to a high-volume third party seller that is not an individual, one of the following forms of contact information:

(i) A copy of a valid government-issued identification for an individual acting on behalf of such seller that includes the individual's name;

(ii) A copy of a valid government-issued record or tax document that includes the business name and physical address of such seller.

(c) A business tax identification number, or, if such seller does not have a business tax identification number, a taxpayer identification number.