Ohio Administrative Code Search

...(A) Definitions. (1) "Veteran" means for the purpose of this rule anyone who is serving or has served under honorable conditions in any component of the armed forces of the United States including the national guard and reserve. (2) "Licensure or License" means for the purpose of this rule a license or certification issued in accordance with Chapters 1321., 1322., 4301., 4303., 4712., 4727., and 4728. of the Revise...

...(A) Definitions. (1) "Veteran" means for the purpose of this rule anyone who is serving or has served under honorable conditions in any component of the armed forces of the United States including the national guard and reserve. (2) "Licensure or license" means for the purpose of this rule a license or certification issued in accordance with Chapters 1321., 1322., 4301., 4303., 4712., 4727., ...

...(A) In evaluating the adequacy of a trust company's capital, the superintendent of financial institutions shall consider all of the following: (1) The nature and volume of the trust company's business, including whether the trust company is primarily engaged in trust business or primarily engaged in banking business; (2) The amount, nature, quality, and liquidity of the trust company's assets; (3) The amount and n...

...(A) As used in this rule: (1) "Borrower" means a person who is named as a borrower or debtor in a loan or extension of credit, or any other person, including a drawer, endorser, or guarantor, who is deemed to be a borrower under the "direct benefit" or the "common enterprise" tests set forth in paragraph (D) of this rule. (2) "Capital" has the same meaning as in rule 1301:1-2-01 of the Admin...

...(A) As used in this rule: (1) "Borrower" means a person who is named as a borrower or debtor in a loan or extension of credit, or any other person, including a drawer, endorser, or guarantor, who is deemed to be a borrower under the "direct benefit" or the "common enterprise" tests set forth in paragraph (D) of this rule. (2) "Capital" has the same meaning as in rule 1301:1-2-01 of the Admin...

...(A) As used in division (A)(1) of section 1109.22 of the Revised Code, "loans and extensions of credit" must also include any credit exposure to a person arising from a derivative transaction between the person and the state bank. (B) As used in this rule, "derivative transaction" includes any transaction that is a contract, agreement, swap, warrant, note, or option that is based, in whole or ...

...(A) A state bank may exercise all powers, other than deposit taking, that the state bank may exercise pursuant to section 1109.02 of the Revised Code by means of an operating subsidiary. An operating subsidiary in which a state bank may invest includes a corporation, limited liability company, limited partnership, or similar entity. In order to qualify as an operating subsidiary, the parent bank m...

...(A) A state bank that intends to invest in, that is to acquire, establish, or perform new activities in, a bank subsidiary corporation or a bank service corporation shall submit a letter of notification to the superintendent of financial institutions requesting the approval of the superintendent. The letter must: (1) State the name and location of the bank subsidiary corporation or bank service ...

...The limitation on investment in the securities of a single issuer imposed in division (A) of section 1109.47 of the Revised Code, which, in accordance with division (B)(1) of section 1109.47 the Revised Code, does not apply to a state bank's direct investment in the securities enumerated in divisions (A)(1) to (6) of section 1109.32 of the Revised Code, shall also not apply to a state bank's equity investme...

...(A) As used in this rule: (1) "Acquisition" means a purchase, assignment, transfer, pledge or other disposition of voting shares, or an increase in percentage ownership of a state bank resulting from a redemption of voting shares. (2) "Acting in concert" means knowing participation in a joint activity or parallel action towards a common goal of acquiring control of a state bank, whether or n...

...(A) As used in this rule: (1) "Acquisition" means a purchase, assignment, transfer, pledge or other disposition of voting shares, or an increase in percentage ownership of a state bank resulting from a redemption of voting shares. (2) "Acting in concert" means knowing participation in a joint activity or parallel action towards a common goal of acquiring control of a state bank, whether or n...

...(A) A bank that intends to close a banking office shall do all of the following: (1) Not less than ninety days prior to the effective date of the banking office closing: (a) Give written notice to each person who is either a depositor or a holder of a safety deposit box at the banking office. The notice shall state the address of the closing office, the effective date of the closing and the locations of the bank's ...

...(A) Definitions (1) Temporary closure is a closure planned to last two business days or less. (2) Long term closure is a closure planned to last three or more business days. (B) A bank that intends temporary closure of a banking office shall do all of the following: (1) Notify the superintendent of financial institutions of temporary closures not less than seven days prior to the effective da...

...(A) All welded repairs or alterations to any historical boiler subject to inspection in accordance with sections 4104.32 to 4104.37 of the Revised Code shall be made by a person certified as a welder in accordance with Section IX of the 2004 edition of the American society of mechanical engineers (ASME) Boiler and Pressure Vessel Code, entitled welding and brazing qualifications, published July 1, 2004, a publication...

...(A) All welded repairs or alterations to any historical boiler subject to inspection in accordance with sections 4104.32 to 4104.37 of the Revised Code shall be made by a person certified as a welder in accordance with Section IX of the 2023 edition of the American society of mechanical engineers (ASME) Boiler and Pressure Vessel Code, titled welding and brazing qualifications, published July 1, 2...

...(A) The standards for re-qualifying for a license after revocation of a license in accordance with the historical boiler provisions of section 4104.35 of the Revised Code shall be the same as those criteria established for initial licensing in section 4104.35 of the Revised Code, except that the historical boiler board may, at the time of an application for re-qualification after revocation, requi...

...(A) The standards for re-qualifying for a license after revocation of a license in accordance with the historical boiler provisions of section 4104.35 of the Revised Code are the same as those criteria established for initial licensing in section 4104.35 of the Revised Code, except that the historical boilers licensing board may, at the time of an application for re-qualification after revocation,...

...(A) The board shall post a schedule of all regularly scheduled meetings on the website of the division of industrial compliance. Any person shall determine the time and place of all regularly scheduled meetings by writing to the historical boilers board at "6606 Tussing Road, Reynoldsburg, Ohio, 43068," or calling the board at (614) 644-2223 between the hours of eight a.m. and five p.m., Monday th...

...(A) The board shall post a schedule of all regularly scheduled meetings on the website of the division of industrial compliance. Any person may determine the time and place of all regularly scheduled meetings by writing to the historical boilers licensing board at "6606 Tussing Road, Reynoldsburg, Ohio, 43068," or calling the board at (614) 644-2223 between the hours of eight a.m. and five p.m., M...

...(A) "ASME" means the American society of mechanical engineers. Reference material from this organization can be obtained at www.asme.org or by calling 1-800-THE-ASME. (B) "Division" or "Division of Industrial Compliance" or "Industrial Compliance" means the division of industrial compliance in the Ohio department of commerce. (C) "Elevator" has the same meaning as defined in division (A) of ...

...(A) "ASME" means the American society of mechanical engineers. Reference material from this organization can be obtained at www.asme.org or by calling 1-800-THE-ASME. (B) "Division" or "Division of Industrial Compliance" or "Industrial Compliance" means the division of industrial compliance in the Ohio department of commerce. (C) "Elevator" has the same meaning as defined in division (A) of ...

...(A) The application for a certificate of competency as an inspector of elevators specified in section 4105.02 of the Revised Code shall consist of the following: (1) A completed application form designated by the superintendent of industrial compliance that contains the items listed in section 4105.02 of the Revised Code; (2) An original letter or letters from one or more of the applicant's prev...

...(A) An application for a permit under section 4105.16 of the Revised Code for the erection, repair, or removal to a different location of an elevator shall consist of the following: (1) A completed application form designated by the superintendent; (2) Plans and specifications giving information, adequate to the division, concerning the construction, alteration, or repair of the elevator; and (...

...(A) An application for a permit under section 4105.16 of the Revised Code for the erection, repair, or removal to a different location of an elevator shall consist of the following: (1) A completed application form designated by the superintendent; (2) Plans and specifications, in duplicate, giving information, adequate to the division, concerning the construction, alteration, or repair of the e...

...(A) Each elevator in the state of Ohio, including those conveyances enumerated in rule 4101:5-1-01 of the Administrative Code, shall be subject to periodic safety tests in accordance with the standards established in the "Safety Code for Elevators and Escalators." ASME A17.1-2016, or the edition most recently adopted by the board of building standards, and the "Guide for Inspection of Elevators, ...