1109.39 [Effective Until 1/1/2018] Additional stock investments.

In addition to the specific investments authorized in this chapter, a bank may also invest, in the aggregate, no more than ten per cent of its assets in the common or preferred stock, obligations, or other securities of any corporations, as authorized by the bank's board of directors.

Effective Date: 01-01-1997 .

Note: This section is set out twice. See also § 1109.39, as amended by 132nd General Assembly File No. TBD, HB 49, §130.21, eff. 1/1/2018.