Ohio Revised Code

Ohio Rev. Code § 4728.09 (2026)

Retention period - stolen property

✓ current as of May 2026
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(A) A person licensed under Chapter 4728. of the Revised Code shall retain in this state any articles purchased by him until the expiration of five days after the date of purchase.

(B) If the chief or head of the local police department to whom the licensee made available the information required by this chapter has probable cause to believe that the article described therein is stolen property, he shall notify the licensee in writing. Upon receipt of notice, the licensee shall retain the article until the expiration of thirty days after the day on which he is first required to make available the information required by this section, unless the chief or the head of the local police department notifies the licensee in writing that he is not required to retain the article until the expiration.

(C) If the chief or the head of the local police department determines the identity of the true owner of the allegedly stolen article, that has been purchased and held by a licensee, and informs the licensee of the true owner's identity:

(1) The licensee may restore the allegedly stolen article to its true owner directly.

(2) The true owner may reimburse the licensee for the amount the licensee paid for the allegedly stolen article.

(3) The true owner may recover the article and reasonable attorney fees from the licensee in an action at law.

(D) If it is determined that the true owner of the allegedly stolen article, for whatever reason, chooses not to file a charge against the person or persons responsible for the theft, the licensee may charge the true owner of the allegedly stolen article the amount the licensee paid for the allegedly stolen article.

Notes of Decisions
Cited in 2 cases (1 in the last 5 years), 2014–2021 · leading case: Liberty Coins v. David Goodman, 748 F.3d 682 (6th Cir. 2014).
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Liberty Coins v. David Goodman, 748 F.3d 682 (6th Cir. 2014). · cites it 2× “” Ohio Rev.Code Ann. § 4728.09(A) (West 2014).”
Chiaverini v. City of Napoleon (N.D. Ohio 2021). · cites it 2× “12 which pertains to pawn brokers but a similar statutory scheme applies to precious metal dealers found in Ohio Rev. Code § 4728.09. Please accept this letter as the official request for retaining the items that are confirmed to be stolen and the rightful owner being David…”
— Ohio Rev. Code § 4728.09(A) — 1 case
Liberty Coins v. David Goodman, 748 F.3d 682 (6th Cir. 2014). “” Ohio Rev.Code Ann. § 4728.09(A) (West 2014).”
— Ohio Rev. Code § 4728.09(B) — 1 case
Liberty Coins v. David Goodman, 748 F.3d 682 (6th Cir. 2014). “” Ohio Rev.Code Ann. § 4728.09(A) (West 2014).”
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