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The Legislative Service Commission staff updates the Revised Code on an ongoing basis, as it completes its act review of enacted legislation. Updates may be slower during some times of the year, depending on the volume of enacted legislation.

Ohio Revised Code Search

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Section 1125.12 | Powers of conservator.

...convey title to any holder of a deed of trust, mortgage, or similar lien against property in which the bank has an interest, whenever the conservator determines that continuing to claim that interest is burdensome and of no advantage to the bank or its account holders, creditors, shareholders, or members; (9) If done in good faith within the ordinary course of business or financial affairs of the bank and according ...

Section 1125.22 | Powers of receiver.

...convey title to any holder of a deed of trust, mortgage, or similar lien against property in which the bank has an interest, whenever the receiver determines that continuing to claim that interest is burdensome and of no advantage to the bank or its account holders, creditors, shareholders, or members; (8) To sell any and all assets, to compromise any debt, claim, obligation, or judgment due to the bank, to disconti...

Section 1125.29 | Order declaring bank properly wound up and dissolved.

...operty or other assets, whether held in trust or otherwise and including the contents of safe deposit boxes or vaults, held by the bank for its account holders, creditors, lessees, shareholders, or members. The plan shall include written notice to all known owners or beneficiaries of the assets, to be sent by first class mail to each individual's address as shown on the records of the bank. (D) The court may make wh...

Section 1127.06 | Violation of superintendent of financial institutions order.

...e conduct of the affairs of any bank or trust company.

Section 1127.09 | False or misleading communications.

...ncial or other condition of any bank or trust company that the person knows to be false or misleading.

Section 113.50 | Definitions.

...r amount calculated by the Ohio tuition trust authority pursuant to sections 3334.01 to 3334.21 of the Revised Code as the maximum amount that may be necessary to pay for the qualified higher education expenses of a beneficiary under those sections, consistent with the maximum contributions permitted under section 529 of the Internal Revenue Code. (H) "Program" means the ABLE account program established under sectio...

Section 113.51 | Implementation and administration of ABLE account program.

...erests by the Ohio ABLE savings program trust fund to designated beneficiaries; (9) Establish the procedures by which funds held in program accounts shall be allocated to pay for administrative costs; (10) Take any other action necessary to implement and administer the program; (11) Adopt rules in accordance with Chapter 119. of the Revised Code necessary to implement and administer the program; (12) Notify the s...

Section 118.14 | Commission communications.

...ed by the law resulting from an office, trust, or station within the meaning of section 2731.01 of the Revised Code, and may be enforced by writ of mandamus petitioned for by the commission on behalf of the state.

Section 118.22 | Pledge and agreement of state with and for benefit of holders of debt obligations.

... time there is on deposit in a separate trust account with the fiscal agent sufficient moneys or direct obligations of the United States or the state the principal of and interest on which will provide moneys to pay punctually when due at maturity or prior to maturity by redemption in accordance with their terms all principal of and interest and any call premium on such debt obligations, irrevocable instructions from...

Section 118.26 | Debt obligations.

...avings, building and loan associations, trust companies, or other financial institutions, trustees, fiduciaries, and insurance companies, including domestic for life and domestic not for life, the state, and sinking and bond retirement funds or other funds or investment accounts of municipal corporations, counties, townships, or other subdivisions of the state, notwithstanding any other provisions of the Revised Code...

Section 118.99 | Penalty.

... any public office or other position of trust in this state or be employed by any public entity in this state.

Section 120.52 | Legal aid fund.

... regarding interest on interest-bearing trust accounts of an attorney, law firm, or legal professional association.

Section 121.05 | Assistant directors.

...laced on any obligation, or execute any trust agreement or indenture. The designation shall be in writing, executed by the designating director, filed with the secretary of the board, committee, authority, or commission, and shall be in effect until withdrawn or superseded by a new designation.

Section 121.40 | Ohio commission on service and volunteerism.

...ing the "National and Community Service Trust Act of 1993," P.L. 103-82, 107 Stat. 785, and the americorps program in this state, and assist in developing objectives for a comprehensive strategy to encourage and expand community service programs throughout the state; (8) Assist the department of education and workforce, school districts, the chancellor of higher education, and institutions of higher education in c...

Section 122.13 | Definitions.

...is owned by an employee stock ownership trust established under an employee stock ownership plan as defined in 26 U.S.C.A. 4975(e)(7), if the employee stock ownership plan requires pass-through of voting rights on voting securities as the securities are allocated to individual participating employee accounts. (C) "Establishment" means any factory, plant, office, or other facility, but does not include a construction...

Section 122.39 | Definitions for R.C. 122.41 to 122.62.

...tution" means any banking corporation, trust company, insurance company, savings and loan association, building and loan association, or corporation, partnership, federal lending agency, foundation, or other institution engaged in lending or investing funds for industrial or business purposes. (B) "Project" means any real or personal property connected with or being a part of an industrial, distribution, commer...

Section 122.43 | Lending funds.

...ns authorizing the revenue bonds or of trust agreements securing such bonds, to community improvement corporations and Ohio development corporations and other corporations, partnerships, and persons for the purpose of procuring or improving real or personal property, or both, for the establishment, location, or expansion of industrial, distribution, commercial, or research facilities in the state, and to commu...

Section 122.47 | Issuing bonds.

... the bond issuing proceedings or in any trust agreements securing such bonds, and shall be secured by the revenue bond guaranty fund established in accordance with section 122.571 of the Revised Code and shall also be secured by moneys in the other funds established by the director to the extent and on the terms he specifies and by covenants of the director that he will so manage the loans and leases and fix interest...

Section 122.48 | Issuing revenue bonds.

... interest, which may be at any bank or trust company within or without the state. The bonds shall be executed by the signature or facsimile signature of the treasurer of state, the official seal or a facsimile thereof of the state shall be affixed thereto and attested by the treasurer of state or designated treasurer of state, and any coupons attached thereto shall bear the facsimile signature of the treasur...

Section 122.49 | Using bond proceeds.

...nd authorization proceedings and in the trust agreement securing the same. Provision shall be made by the director of development services for the payment of the expenses of the director in operating the assistance programs authorized under this chapter in such manner and to such extent as shall be determined by the director.

Section 122.51 | Bonds are lawful investments.

...ations, deposit guarantee associations, trust companies, trustees, fiduciaries, trustees or other officers having charge of sinking or bond retirement funds of municipal corporations and other subdivisions of this state, and of domestic insurance companies notwithstanding sections 3907.14 and 3925.08 of the Revised Code, and are acceptable as security for the deposit of public moneys.

Section 122.52 | Issuing revenue refunding bonds.

...er provided by the director and in any trust agreement securing such bonds and shall also be secured by moneys in the other funds established pursuant to sections 122.39 and 122.41 to 122.62 of the Revised Code to the extent and on the terms specified by the director, for the purpose of refunding any revenue bonds then outstanding which have been issued under sections 122.39 and 122.41 to 122.62 of the Revised ...

Section 122.55 | Purchase fund of the director of development.

...edings authorizing such bonds or in the trust agreements securing such bonds, all grants, gifts, and contributions made to the director for such purpose, and all other moneys designated by him for the purpose of the acquisition and improvement of property.

Section 122.56 | Mortgage guarantee fund.

...edings authorizing such bonds or in the trust agreement securing such bonds. The director shall fix charges for the guaranty of payment of the loans made under sections 122.43 and 122.45 of the Revised Code and for the guaranty of the payment of the rentals payable under the leases made by the authority under section 122.46 of the Revised Code. Such charges shall be payable at such times and place and in such manner ...

Section 122.60 | Capital access loan program definitions.

..."Financial institution" means any bank, trust company, savings bank, or savings and loan association that is chartered by and has a significant presence in the state, or any national bank, federal savings and loan association, or federal savings bank that has a significant presence in the state. (D) "Fund" means the capital access loan program fund. (E) "Minority business supplier development council" has the sam...