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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 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 1107.09 | 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 1109.22 | Total loans and extensions of credit to person outstanding at any one time.

...(A) As used in this section: (1) "Derivative transaction" includes any transaction that is a contract, agreement, swap, warrant, note, or option that is based, in whole or in part, on the value of, any interest in, or any quantitative measure or the occurrence of any event relating to, one or more commodities, securities, currencies, interest or other rates, indices, or other assets. (2) "Loans and extensions of cr...

Section 1109.31 | Real estate investments.

...(A) A state bank may purchase, acquire by lease, or otherwise invest in the real estate and interests in real estate the board of directors considers necessary or convenient for transaction of the bank's business, including by ownership of an entity having as its exclusive authority the ownership and management of the bank's real estate interests. (B) A state bank may invest an amount equal to the greater of the ban...

Section 1109.47 | Limiting investing in one issuer.

...(A) Except as provided in division (B) of this section, a state bank shall not invest more than fifteen per cent of its capital in the shares, obligations, or other securities of any one issuer. (B) Division (A) of this section does 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 corp...

Section 1113.16 | Shareholder voting.

...Except as otherwise expressly provided in the terms for any class of shares issued by a stock state bank, every holder of the bank's voting shares, in elections of directors and in deciding other questions at meetings of shareholders, is entitled to one vote for each share held and shall not accumulate the votes unless otherwise provided in the articles of incorporation. Any shareholder eligible to vote may vote by p...

Section 1115.05 | Acquisitions.

...(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...

Section 1115.06 | Notifying superintendent of proposed acquisition.

...(A) As used in this section: (1) "Control" of a state bank means either of the following: (a) Power, directly or indirectly, to direct the management or policies of a state bank; (b) Ownership or control of or power to vote twenty-five per cent or more of any class of voting securities of a state bank. (2) "State bank" includes any bank holding company that controls a state bank, and any other company that contro...

Section 1127.03 | Unlawful fees for procuring bank or trust company services.

...(A) No regulated person shall, except as provided by law, stipulate for or receive any fee, commission, gift, or thing of value from any person for procuring or endeavoring to procure for that person, or for any other person, any loan, extension or renewal of a loan, or substitution of security from any bank or trust company, or the purchase, discount, or acceptance of any paper, note, draft, check, or bill of exchan...

Section 113.051 | Duties of treasurer.

...(A) The treasurer of state or the officer who performs the duties of the office of treasurer of state is the custodian of the funds required by law to be kept in the custody of the treasurer of state. The custodial duties of the treasurer of state include safekeeping the custodial funds and investment assets of an owner; collecting principal, dividends, distributions, and interest on custodial funds and investments ...

Section 117.55 | State awards for economic development.

...(A) As used in this section: (1) "Entity" means, whether for profit or nonprofit, a corporation, association, partnership, limited liability company, sole proprietorship, or other business entity. "Entity" does not include an individual who receives state assistance that is not related to the individual's business. (2) "State award for economic development" means state financial assistance and expenditure in any ...

Section 118.06 | Submission of detailed financial plan.

...(A)(1) Within one hundred twenty days after the first meeting of the commission, the mayor of the municipal corporation or the board of county commissioners or board of township trustees shall submit to the commission a detailed financial plan, as approved or amended and approved by ordinance or resolution of the legislative authority, containing the following: (a) Actions to be taken by the municipal corporation, c...

Section 118.15 | Prior approval of debt obligations.

...(A) No debt obligation may be issued or incurred by the municipal corporation, county, or township, whether purchased by the municipal corporation, county, or township or others, except with the prior approval of the financial planning and supervision commission. (B) The commission shall disapprove the issuance of debt obligations upon a determination that, in its judgment, such action would impede the purposes of a...

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

...(A) If such pledge is included in the ordinance or resolution authorizing the debt obligations as provided in division (B) of this section, the state pledges to and agrees with the holders of debt obligations of the municipal corporation, county, or township issued pursuant to the approval of the financial planning and supervision commission or, when authorized by the commission, the financial supervisor under sectio...

Section 121.37 | Ohio family and children first cabinet council.

...(A)(1) There is hereby created the Ohio family and children first cabinet council. The council shall be composed of the director of education and workforce, the executive director of the opportunities for Ohioans with disabilities agency, the medicaid director, and the directors of youth services, job and family services, behavioral health, health, developmental disabilities, aging, rehabilitation and correction, chi...

Section 121.375 | Information provided to Ohio family and children first cabinet council.

...(A) As used in this section: "At-risk individual" means an individual at great risk of not being able to access available health and social services due to barriers such as poverty, inadequate transportation, culture, and priorities of basic survival. "Care coordination agency" means a person or government entity that assists at-risk individuals access available health and social services the at-risk individu...

Section 121.531 | Signs specifying ARRA funding prohibited.

...No recipient or distributor of funds received under the "American Recovery and Reinvestment Act of 2009," Pub. L. No. 111-5, 123 Stat. 115, shall spend such funds to purchase, produce, erect, or maintain signs identifying the American Recovery and Reinvestment Act of 2009 as the source of specific project funding.

Section 121.63 | Statement of expenditures - records.

...(A) Each executive agency lobbyist and each employer shall file with the joint legislative ethics committee, with the updated registration statement required by division (B) of section 121.62 of the Revised Code, a statement of expenditures as specified in divisions (B) and (C) of this section. An executive agency lobbyist shall file a separate statement of expenditures under this section for each employer that engag...

Section 122.132 | Duties of director of development.

...The director of development shall do all of the following: (A) Develop, collect, and disseminate information useful to individuals and organizations throughout the state in undertaking or promoting the establishment and successful operation of employee-owned corporations; (B) Assist in the evaluation of the feasibility and economic vitality of employee-owned corporation proposals received in the employee ownership ...

Section 122.49 | Using bond proceeds.

...The proceeds of each issue of revenue bonds issued pursuant to sections 122.39 and 122.41 to 122.62 of the Revised Code shall be used for the making of loans authorized in sections 122.43 and 122.45 of the Revised Code, for the purchase and improvement of property authorized in section 122.46 of the Revised Code, and for the crediting into and among the funds established in accordance with sections 122.35 and 122.54,...

Section 122.86 | Small business investment certificate; tax credit.

...(A) As used in this section and section 5747.81 of the Revised Code: (1) "Small business enterprise" means a corporation, pass-through entity, or other person satisfying all of the following: (a) At the time of a qualifying investment, the enterprise meets all of the following requirements: (i) Has no outstanding tax or other liabilities owed to the state; (ii) Is in good standing with the secretary of st...

Section 123.02 | Director of administrative services - control of public works.

...The director of administrative services shall be appointed superintendent of public works and shall have the care and control of the public works of the state and shall protect, maintain, and keep them in repair. Subject to the approval of the governor, the director may purchase on behalf of the state such real or personal property, rights, or privileges as are necessary, in the director's judgment, to acquire in t...

Section 123.05 | Regulation and collection of tolls, rentals, and other revenues.

...The director of administrative services shall regulate the rate of tolls to be collected on the public works of the state, and shall fix all rentals and collect all tolls, rents, fines, commissions, fees, and other revenues arising from any source in the public works, including the sale, purchase, or rental of property, except that the director shall not collect a commission or fee from a real estate broker or ...

Section 123.21 | Authority of the commission.

...(A) The Ohio facilities construction commission may perform any act and ensure the performance of any function necessary or appropriate to carry out the purposes of, and exercise the powers granted under this chapter or any other provision of the Revised Code, including any of the following: (1) Except as otherwise provided in section 123.211 of the Revised Code, prepare, or contract to be prepared, by licensed eng...

Section 123.281 | Construction and construction services for cultural facilities, major sports facilities; state financing.

...(A) The Ohio facilities construction commission shall provide for the construction of a cultural project in conformity with Chapter 153. of the Revised Code, except for construction services provided on behalf of the state by a governmental agency or a cultural organization in accordance with divisions (B) and (C) of this section. (B) In order for a governmental agency or a cultural organization to provide construc...