Ohio Revised Code Search

...ation or bank service corporation. (C)(1) A bank subsidiary corporation that is a wholly owned subsidiary of the state bank may engage in any activities, except taking deposits, that are a part or an extension of the business of banking. (2) A bank service corporation shall be owned solely by one or more banks, and may, at any location, do any of the following: (a) Provide clerical, bookkeeping, accounting, statis...

...es not apply to any of the following: (1) Bonds or other obligations enumerated in divisions (A)(1) to (6) of section 1109.32 of the Revised Code; (2) Investment in a bank subsidiary corporation engaged solely in the business of holding title to real estate described in division (A) of section 1109.31 of the Revised Code; (3) Obligations or securities, other than stock, of the federal national mortgage association...

...nee of each of these individuals. (B)(1)(a) A city director of law or similar chief legal officer who requires access to a program participant's confidential address or telephone number for a legitimate governmental purpose may petition the court of common pleas of Franklin county to order the secretary of state to make that confidential address or telephone number available to the petitioner. (b) A city director...

...de" means the "Internal Revenue Code of 1986," 100 Stat. 2085, 26 U.S.C.A. 1, as amended. (B) "Charity" means a state university as defined in section 3345.011 of the Revised Code, a community college as defined in section 3354.01 of the Revised Code, a technical college as defined in section 3357.01 of the Revised Code, a state community college as defined in section 3358.01 of the Revised Code, a private college o...

...(A)(1) A trust service office is any location established by a trust company as a place for either of the following: (a) Persons seeking the services of the trust company, or information about those services, to contact representatives of the trust company regarding the trust company's business. (b) The trust company's representatives to contact the trust company's customers, or potential customers, and their repre...

... the following to the superintendent: (1) A certified copy of the resolution of the licensed family trust company's board of directors reflecting the board's decision that the trust company should cease doing trust business in this state and adopting a plan for winding up its trust business in this state; (2) The licensed family trust company's plan for winding up its trust business in this state. (C) The superint...

...ial all of the following information: (1) Application information and other information obtained from a family trust company, including the names and addresses of the directors and officers, the names and addresses of the stockholders, family members, or other owners, capital contributions, and business affiliations; (2) Information required to be reported to, or filed with, the superintendent of financial institut...

...xisting articles of incorporation. (C)(1) If the incorporators propose the adoption of any amendment to a stock state bank's articles of incorporation or amended articles of incorporation, the bank shall send to the superintendent of financial institutions a copy of the proposed amendment or amended articles of incorporation for review and approval prior to adoption by the incorporators. (2) Upon receiving a propos...

... the bank is either of the following: (1) Subject to the registration requirements of section 12 of the "Securities Exchange Act of 1934," 48 Stat. 892, 15 U.S.C.A. 78l, as amended. (2) Wholly owned, except for directors' qualifying shares, by a bank holding company. (B) The basic financial information required to be made available under this section shall include, at a minimum, information substantially similar t...

...xisting articles of incorporation. (C)(1) If the incorporators propose the adoption of any amendment to a mutual state bank's articles of incorporation or amended articles of incorporation, the bank shall send to the superintendent of financial institutions a copy of the proposed amendment or amended articles of incorporation for review and approval prior to adoption by the incorporators. (2) Upon receiving a propo...

...(A) As used in this section: (1) "Acquire" or "acquisition" means any of the following transactions or actions: (a) A merger or consolidation with, or purchase of assets from, a bank holding company that has acquired an Ohio bank; (b) The acquisition of the direct or indirect ownership or control of voting shares of an Ohio bank if, after the acquisition, the acquiring bank holding company will directly or indi...

...the approval of all of the following: (1) The directors of all constituent corporations to the merger; (2)(a) The shareholders of each constituent stock state bank by the affirmative vote or written consent of the holders of two-thirds, or any other proportion not less than a majority as the bank's articles of incorporation or code of regulations provide, of the outstanding shares of each class of the bank's stock;...

...r branch's unaffiliated creditors. (B)(1) The value of the assets pledged in accordance with this section shall be computed based on the lesser of their principal amount or market value. (2) In determining the amount of assets a foreign bank is required to pledge for each agency or branch, the superintendent shall consider both of the following: (a) The amounts necessary or desirable to maintain a sound financial ...

...tate bank under division (C) of section 1125.03 of the Revised Code, except that the plan of liquidation shall be limited in scope to the particular representative office, agency, or branch to be liquidated. (C) After conducting an examination, the superintendent may approve or deny a foreign bank's application to voluntarily liquidate and surrender its license based on the superintendent's evaluation of whether or ...

...al decision, by any of the following: (1) Banks and trust companies doing business under authority granted by the office of the comptroller of the currency or the bank regulatory authority of any other state of the United States; (2) Savings associations doing business under authority granted by the office of the comptroller of the currency or the savings and loan association regulatory authority of any other state...

...d affairs of a state bank under section 1121.10 of the Revised Code may include the examination of a person who, directly or indirectly, controls the bank that is a bank holding company registered with the federal reserve or a savings and loan holding company, but only to the extent explicitly permitted under this section. To examine the records and affairs of a person who, directly or indirectly, controls a bank tha...

...ed pursuant to the authority of section 1121.10 or 1121.11 of the Revised Code, from required reports, or because of their official position. No person, including any person to whom the information is disclosed under the authority of this section, shall disclose the information, except as specifically provided in this section. (B) The superintendent of financial institutions and the superintendent's agents and emplo...

...(A) As used in this section: (1) "Control" means either of the following: (a) The power to vote, directly or indirectly, at least twenty-five per cent of outstanding voting shares or voting interests of a licensee or person in control of a licensee; (b) The power to elect or appoint a majority of executive officers or directors. (2) "Director" means an individual elected to serve as the director of a for-...

...(A)(1) Each bank, savings and loan association, and savings bank subject to inspection and examination by the superintendent of financial institutions and transacting business on the thirty-first day of December, or their successors in interest, shall pay to the treasurer of state assessments as provided in this section. The superintendent shall make each assessment based on the total assets as shown on the books of ...

...a monthly basis all of the following: (1) Any written agreement or other writing for which a violation may be enforced by the superintendent; (2) Any final order issued pursuant to section 1121.32, 1121.33, 1121.34, 1121.35, or 1121.41 of the Revised Code; (3) Any modification or termination of an agreement, other writing, or order made available to the public pursuant to this section. (B)(1) If, in the superinte...

...(A) As used in sections 113.05 to 113.40 of the Revised Code: (1) "Account," "appropriation," "disbursement," "electronic funds transfer," "fund," and "warrant" have the same meanings as in section 131.01 of the Revised Code. (2) "Assets" has the same meaning as in section 131.01 of the Revised Code, but does not include items held in safekeeping by the treasurer of state including, but not limited to, collater...

...(A) As used in this section: (1) "Financial transaction device" includes a credit card, debit card, charge card, prepaid or stored value card, or automated clearinghouse network credit, debit, or e-check entry that includes, but is not limited to, accounts receivable and internet-initiated, point of purchase, and telephone-initiated applications, or any other device or method for making an electronic payment or tr...

... the state, of the following factors: (1) Financial stability and integrity of the financial organization; (2) The safety of the investment instruments being offered; (3) The ability to satisfy record keeping and reporting requirements prescribed under sections 113.50 to 113.56 of the Revised Code; (4) The organization's plan for promoting the program and the investment the organization is willing to make to prom...

... members, composed of the following: (1) The director of developmental disabilities or the director's designee; (2) One member of the house of representatives appointed by the speaker of the house of representatives; (3) One member of the senate appointed by the president of the senate; (4) One member appointed by the governor who is a representative of an intellectual or developmental disability advocacy org...

...A) As used in this section and sections 113.61 and 113.62 of the Revised Code: (1) "Service intermediary" means a person or entity that enters into a pay for success contract under this section and sections 113.61 and 113.62 of the Revised Code. The service intermediary may act as the service provider that delivers the services specified in the contract or may contract with a separate service provider to deliver t...