Ohio Revised Code Search
| Section |
|---|
|
Section 1103.03 | Authority of state bank board of directors.
...Except where the law of this state, the articles of incorporation, or the code of regulations require action to be authorized or taken by shareholders, all of the authority of a state bank shall be exercised by or under the direction of the board of directors in accordance with Chapter 1105. of the Revised Code. |
|
Section 1103.07 | Bank name.
...uperintendent, be likely to mislead the public as to the bank's character or purpose; (4) Shall, as determined by the superintendent, be distinguishable from all names already recorded by existing financial institutions in this state or for which reservations under this section are in effect, unless the existing financial institution that earliest recorded a name from which the proposed name is not distinguishable, ... |
|
Section 1103.18 | Officer equivalent to treasurer.
...(A) Instead of a treasurer, as required by section 1701.64 of the Revised Code, a state bank may have a cashier, controller, comptroller, or other officer whose authority and duties the superintendent of financial institutions determines are essentially equivalent to those of a treasurer. (B) For any state bank that has a cashier, controller, comptroller, or other officer instead of a treasurer, as authorized by div... |
|
Section 1103.19 | Two authorized signatures required.
...When the signatures of two authorized representatives of a state bank are required, as for a certificate for an amendment of the state bank's articles of incorporation or amended articles of incorporation pursuant to section 1113.12, 1113.13, or 1114.11 of the Revised Code or for certification of a conversion pursuant to section 1115.01 of the Revised Code, a consolidation or merger pursuant to section 1115.11 of the... |
|
Section 1103.20 | Filing documents with secretary of state.
...(A) When any provision in Chapters 1101. to 1127. or Chapter 1701. of the Revised Code requires a document regarding an existing, previously existing, or proposed state bank to be filed with the secretary of state, all of the following apply: (1) The person responsible for producing the document shall deliver the document, properly completed, to the superintendent of financial institutions, along with payment for an... |
|
Section 1103.99 | Penalty for misleading use of name.
...Whoever violates division (E)(1) of section 1103.07 of the Revised Code shall be subject to a civil penalty of up to ten thousand dollars for each day the violation is committed, repeated, or continued. |
|
Section 1105.01 | Authority, number, terms and classes of directors.
...(A) Except where the Revised Code, the articles of incorporation, or the code of regulations require action to be authorized or taken by shareholders or members, all of the authority of a state bank shall be exercised by or under the direction of the bank's board of directors. The board of directors shall consist of not less than five directors. (B) Unless the articles of incorporation or the code of regulations pro... |
|
Section 1105.02 | Qualifications of board members.
...(A)(1) Of the directors on the board of directors of a state bank: (a) A majority of the directors shall be outside directors. However, in the case of a stock state bank, if eighty per cent or more of any class of the bank's voting shares are owned by a company, a majority of the directors may be officers or directors of one or more affiliates of the bank. (b) For purposes of this section, anyone who is not an empl... |
|
Section 1105.03 | Director oath.
...(A) To qualify as a director, each person elected or appointed to the board of directors shall, within sixty days after election or appointment, take and subscribe an oath to diligently and honestly perform the duties of a director and to not knowingly violate or permit to be violated any federal banking law or any provision of Chapters 1101. to 1127. of the Revised Code. (B) Promptly upon execution, and within sixt... |
|
Section 1105.04 | Individual, schedule, or blanket fidelity bonds.
...Each officer and employee of a state bank, prior to the discharge of the officer's or employee's duties, shall be covered by an individual, schedule, or blanket fidelity bond in favor of the bank, with terms and issuing insurer approved by the board of directors. The amount of the bond shall be set by the board of directors, and shall be reasonable given the size of the bank and nature of its business. The board of d... |
|
Section 1105.07 | Bylaws.
...For its own governance, the board of directors may adopt bylaws not inconsistent with the law of this state, the articles of incorporation, or the code of regulations. Without limiting their generality, the bylaws may include provisions with respect to: (A) The time and place of holding, the manner of and authority for calling, giving notice of, and conducting meetings of the board of directors; (B) The appointment... |
|
Section 1105.08 | Board and committee meetings.
...(A)(1) A state bank's board of directors shall meet monthly unless the bank's code of regulations provides for a different frequency of meetings, which shall not be less than quarterly. (2) Division (A)(1) of this section does not prohibit either of the following: (a) A state bank's board of directors meeting more frequently than required by division (A)(1) of this section or the bank's code of regulations; (b) Th... |
|
Section 1105.10 | Removing director; vacancy.
...(A) Once elected or appointed, a director may be removed as follows: (1) By the board of directors or the superintendent of financial institutions if any of the following applies: (a) The director has filed for relief or is a debtor in a case filed under Title XI of the United States Code; (b) A court has determined the director is incompetent; (c) The director has been removed in accordance with federal law. (2... |
|
Section 1105.11 | Personal liability.
...(A) A director, officer, employee, or other institution-affiliated party of a bank shall not be personally and individually liable for direct or indirect damages the bank, its shareholders or members, or any other person sustains in consequence of a violation of or failure to comply with any provision of Chapters 1101. to 1127. of the Revised Code or the rules adopted under those chapters, including any civil money p... |
|
Section 1107.03 | Evaluating adequacy of bank's capital.
...No state bank shall operate without adequate capital as determined by the superintendent of financial institutions. In evaluating the adequacy of a state bank's capital, the superintendent may consider any of the following: (A) The nature and volume of the bank's business; (B) The amount, nature, quality, and liquidity of the bank's assets; (C) The amount and nature of the bank's liabilities, including those that ... |
|
Section 1107.05 | Issuing debt securities.
...(A) A state bank may issue debt securities at the times, in the amounts, and subject to the terms approved in writing by the superintendent of financial institutions. (B) In the case of a stock state bank, the terms of debt securities may include either of the following: (1) Options to subscribe to or purchase the bank's shares at not less than par value; (2) The right to convert the debt securities to the bank's ... |
|
Section 1107.07 | Par value of bank shares.
...All stock state bank shares shall have par value, whether they are common shares or preferred shares. |
|
Section 1107.09 | Stock options.
...(A) A stock state bank may, with the approval of the bank's board of directors, the holders of a majority of the bank's voting shares, and the superintendent of financial institutions, adopt and carry out plans for the offering or sale of, the grant of, or the grant of options on, the bank's shares to any or all employees, officers, or directors of the bank or any of the bank's subsidiaries or affiliates, or to other... |
|
Section 1107.11 | Pre-emptive rights.
...(A) Unless otherwise provided in the articles of incorporation, the holders of any class of a stock state bank's shares, other than shares that are limited as to dividend rate and liquidation price, shall, upon the offering or sale for cash of shares of the same class, have the right, during a reasonable time and on reasonable terms fixed by the directors, to purchase the shares in proportion to their respective hold... |
|
Section 1107.13 | Bank may purchase its own shares.
...With the prior written approval of the superintendent of financial institutions, a stock state bank may purchase its own shares in accordance with section 1701.35 of the Revised Code. (B) A stock state bank that acquires shares of its stock shall retire or dispose of the shares at the time and in the manner required by the superintendent. |
|
Section 1107.15 | Declaring dividends and distributions.
...A stock state bank's board of directors may declare dividends and distributions on the bank's outstanding shares, subject to all of the following conditions: (A) Except as otherwise provided in division (B) of this section, payment of a dividend or distribution may only be funded from undivided profits or, subject to the approval of the superintendent of financial institutions, from a special reserve created from pr... |
|
Section 1109.01 | Bank powers, rights and privileges generally.
... bequest, and to make donations for the public welfare or for charitable, scientific, or educational purposes. (B) A state bank may perform all acts necessary to carry into effect the powers authorized by Title XI of the Revised Code and the purposes for which the bank was created. |
|
Section 1109.02 | Additional and incidental powers.
...(A) In addition to exercising the powers and performing the acts authorized under Chapters 1101. to 1127. of the Revised Code, a state bank has and may exercise all powers and perform all acts attendant to the business of banking as set forth in those chapters. (B) A state bank has and may exercise all powers, perform all acts, and provide all services that are otherwise a part of or incidental to the business of ba... |
|
Section 1109.021 | Election to operate as a savings and loan association.
...(A) As used in this section, "portfolio assets" and "qualified thrift investments" have the same meanings as in 12 U.S.C. 1467a, as amended. (B) A state bank may elect to operate as a savings and loan association by filing a written notice of that election with the superintendent of financial institutions. (C) Upon filing an election notice, a state bank shall be considered a savings and loan association if both of... |
|
Section 1109.03 | Federal deposit insurance corporation and federal reserve requirements.
...(A) No bank shall transact business in this state unless its deposit accounts are insured by the federal deposit insurance corporation, except a bank that by the terms of its articles of incorporation or articles of association is not permitted to solicit or accept deposits other than trust funds. Each bank whose deposit accounts are insured by the federal deposit insurance corporation shall maintain that insurance a... |
|
Section 3715.28 | Vinegar.
...Vinegar shall be made wholly from the fruit or grain from which it purports, or is represented, to be made and shall not contain a foreign substance or less than four per cent, by weight, of absolute acetic acid. |
|
Section 3715.29 | Cider or apple vinegar.
...Vinegar manufactured, offered or exposed for sale, sold, or delivered, or in the possession of a person with intent to sell or deliver, under the name of cider vinegar, apple vinegar, or any compounding of the word "cider" or "apple" as the name or part of the name of vinegar, shall be the product made by the alcoholic and subsequent acetous fermentations of the juice of apples, and shall not contain any foreign subs... |
|
Section 3715.30 | Wine or grape vinegar.
...Vinegar manufactured, offered or exposed for sale, sold, or delivered, or in the possession of a person with intent to sell or deliver, under the name of wine vinegar or grape vinegar, shall be the product made by the alcoholic and subsequent acetous fermentations of the juice of grapes, and shall contain, in one hundred cubic centimeters, at a temperature of twenty degrees centigrade, not less than four grams of ace... |
|
Section 3715.31 | Malt vinegar.
...Vinegar manufactured, offered or exposed for sale, sold, or delivered, or in the possession of a person with intent to sell or deliver, under the name of malt vinegar shall be the product made by the alcoholic and subsequent acetous fermentations, without distillation, of an infusion of barley malt or cereals whose starch has been converted by malt, is dextrorotatory, and shall contain in one hundred cubic centimeter... |
|
Section 3715.32 | Distilled vinegar.
...Vinegar manufactured, offered or exposed for sale, sold, or delivered, or in the possession of a person with intent to sell or deliver, under the name of distilled vinegar, shall be the product made wholly or in part by the acetous fermentation of dilute distilled alcohol and shall contain in one hundred cubic centimeters, at a temperature of twenty degrees centigrade, not less than four grams of acetic acid, a... |
|
Section 3715.33 | Fermented vinegar.
...Vinegar made by fermentation and oxidation without the intervention of distillation shall be branded "fermented vinegar" with the name of the fruit or substance from which it is made. Fermented vinegar, not otherwise provided for in sections 3715.28 to 3715.34 of the Revised Code, and not being distilled vinegar as defined in section 3715.32 of the Revised Code, shall contain not less than two per cent by weight, upo... |
|
Section 3715.34 | [Former R.C. 3715.36, amended and renumbered by H.B. 507, 134th General Assembly, effective 4/7/2023] Prohibition against selling vinegar not made or branded in compliance with law.
...No person shall manufacture for sale, sell, deliver, or offer or expose for sale, or have in the person's possession with intent to sell or deliver, vinegar not made in compliance with sections 3715.28 to 3715.33 of the Revised Code. No person shall violate sections 3715.28 to 3715.34 of the Revised Code. Whoever violates this section shall pay all necessary costs and expenses incurred in inspecting and analyzing... |
|
Section 3715.38 | Prohibitions regarding honey.
...No person shall sell, offer, or expose for sale any product that is: (A) In the semblance of honey and labeled, advertised, or otherwise represented to be honey if it is not honey; (B) In the semblance of honey and contains a label that applies the word "imitation" to the product, regardless of whether it contains any honey; (C) In the semblance of honey and is a blend of honey and other ingredients that contains ... |
|
Section 3715.50 | Overdose reversal drugs definitions.
...tive authority. (7) "Certified mental health assistant" means an individual who is licensed under Chapter 4772. of the Revised Code and has been granted physician-delegated prescriptive authority. (B) Notwithstanding any conflicting provision of the Revised Code, any person or government entity may purchase, possess, distribute, dispense, personally furnish, sell, or otherwise obtain or provide an overdose revers... |
|
Section 3715.501 | Overdose reversal drugs prescribed or furnished without examination.
...e registered nurse, or certified mental health assistant may issue a prescription for an overdose reversal drug, or personally furnish a supply of the drug, without having examined the individual to whom it may be administered. The physician, physician assistant, advanced practice registered nurse, or certified mental health assistant exercising this authority shall provide, to the individual receiving the prescripti... |
|
Section 3715.502 | [Former R.C. 4729.44, amended and renumbered by H.B. 558, 134th General Assembly, effective 4/6/2023] Protocols authorizing pharmacists, pharmacy interns to dispense overdose reversal drugs.
...e registered nurse, or certified mental health assistant may authorize one or more pharmacists and any of the pharmacy interns supervised by the one or more pharmacists to use a protocol developed pursuant to rules adopted under this section for the purpose of dispensing overdose reversal drugs. If use of the protocol has been authorized, a pharmacist or pharmacy intern may dispense overdose reversal drugs without a ... |
|
Section 3715.503 | Protocols to authorize personally furnishing overdose reversal drugs.
...e registered nurse, or certified mental health assistant may elect to establish a protocol authorizing any individual to personally furnish a supply of an overdose reversal drug to another individual pursuant to the protocol. A person authorized to personally furnish an overdose reversal drug pursuant to the protocol may do so without having examined the individual to whom the drug may be administered. (B) A protoc... |
|
Section 3715.504 | Administering overdose reversal drugs.
...(A) In the case of an individual who is not otherwise authorized under the Revised Code to administer drugs, the individual may administer an overdose reversal drug under this section. This authority may be exercised by any individual who is in a position to assist another individual who is apparently experiencing an opioid-related overdose. (B) An individual who administers an overdose reversal drug under the auth... |
|
Section 3715.505 | [Former R.C. 4765.44, amended and renumbered by H.B. 558, 134th General Assembly, effective 4/6/2023] Disclosure to law enforcement agency related to administration of overdose reversal drug.
...(A) As used in this section: (1) "Emergency medical service personnel," "firefighter," and "volunteer firefighter" have the same meanings as in section 4765.01 of the Revised Code. (2) "Law enforcement agency" means a government entity that employs peace officers to perform law enforcement duties. (3) "Peace officer" has the same meaning as in section 2921.51 of the Revised Code. (B)(1) Upon request of a law ... |
|
Section 3715.52 | Prohibited acts.
...ply to a person who keeps available for public inspection an identification card identifying the person as an authorized representative of the manufacturer or distributor of any drug, cosmetic, or device, as long as the card is not false, fraudulent, or fraudulently obtained. (3) Division (B)(1)(c) of this section does not apply to a person or governmental entity that is licensed as a retail food establishment or fo... |
|
Section 3715.521 | Prohibition against sale or delivery of expired drug, infant formula or baby food.
...No person shall sell, offer for sale, or deliver at retail or to the consumer, any of the following: (A) Any drug after the expiration date required by 21 C.F.R. 211.137 except pursuant to sections 3715.88 to 3715.92 of the Revised Code; (B) Any infant formula after the "use by" date required by 21 C.F.R. 107.20; (C) Any baby food after any expiration date, "use by" date, or sale date required by state or fed... |
|
Section 3715.53 | Injunctions.
...In addition to the remedies provided and irrespective of whether or not there exists an adequate remedy at law, the director of agriculture or the state board of pharmacy is hereby authorized to apply to the court of common pleas in the county wherein any of the provisions of section 3715.52 of the Revised Code are being violated for a temporary or permanent injunction restraining any person from committing the viola... |
|
Section 3715.54 | Exceptions to liability.
...(A) No person shall be subject to the penalties prescribed in section 3715.99 of the Revised Code for violating division (A)(1) or (3) of section 3715.52 of the Revised Code if the person established a guaranty or undertaking signed by, and containing the name and address of, the person residing in this state from whom the person received in good faith the article, to the effect that the article is not adulterated or... |
|
Section 3715.55 | Notice of adulteration, misbranding, or expiration.
...safe, the articles are declared to be a nuisance, and the director shall forthwith condemn or destroy the articles, or in any other manner render the articles unsalable as human food. |
|
Section 3715.551 | Embargo of food.
...(A) As used in this section, "board of health," "retail food establishment," and "food service operation" have the same meanings as in section 3717.01 of the Revised Code. (B) The embargoing of a food may be performed by a board of health approved under section 3717.11 of the Revised Code to serve as the licensor of retail food establishments or food service operations, the director of health acting under section 37... |
|
Section 3715.56 | Attorney general, prosecuting attorney or city director of law to institute proceedings and prosecutions.
...The attorney general, prosecuting attorney, or city director of law to whom the director of agriculture or the state board of pharmacy reports any violation of sections 3715.01 and 3715.52 to 3715.72 of the Revised Code, shall cause appropriate proceedings to be instituted in the proper court without delay and to be prosecuted in the manner required by law. The director of agriculture, before reporting any violation... |
|
Section 3715.57 | Written notice or warning for minor violations sufficient.
...the director or board believes that the public interest will be adequately served in the circumstances by a suitable written notice or warning. |
|
Section 3715.59 | When food is adulterated.
...bstance that may render it injurious to health; but in case the substance is not an added substance, the food shall not be considered adulterated if the quantity of the substance in the food does not ordinarily render it injurious to health. (B) It bears or contains any added poisonous or added deleterious substance that is unsafe within the meaning of section 3715.62 of the Revised Code. (C) It consists in whole o... |
|
Section 3715.60 | Misbranded food.
...Food is misbranded within the meaning of sections 3715.01, 3715.02, 3715.022, and 3715.52 to 3715.72 of the Revised Code, if: (A) Its labeling is false or misleading in any particular. (B) It is offered for sale under the name of another food. (C) Its container is so made, formed, or filled as to be misleading. (D) It is an imitation of another food, unless its label bears in type of uniform size and promine... |
|
Section 3715.601
...As used in this section and sections 3715.602 to 3715.605 of the Revised Code: (A) "Agricultural food animal" means both of the following: (1) A domesticated animal belonging to the bovine, caprine, ovine, or porcine species; (2) Any type of poultry. (B) "Cultivated-protein food product" means a food having one or more sensory attributes that resemble a type of tissue originating from an agricultural food an... |