State Banks - Powers | Midpage

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Ohio Revised Code

Chapter 1109

State Banks - Powers

1109.01Bank powers, rights and privileges generally 1109.02Additional and incidental powers 1109.021Election to operate as a savings and loan association 1109.03Federal deposit insurance corporation and federal reserve requirements 1109.04Good faith reliance; electronic statements and notice 1109.05Deposit contracts 1109.06Designating on signature card deposit is in trust for another 1109.07Deposits payable to survivor - deposits payable on death 1109.08Safes, vaults, safe deposit boxes, night depositories 1109.09Accounts and safe deposit box rentals for minors 1109.10Claims adverse to deposits or property 1109.11Deposits entered as U.S. money 1109.15Permitted transactions 1109.151No fiduciary relationship created 1109.16Standards for extensions of credit 1109.17Accepting drafts or bills of exchange 1109.18Extending credit pursuant to revolving credit agreement 1109.181Charges under revolving credit agreement 1109.20Interest and finance charge rates 1109.22Total loans and extensions of credit to person outstanding at any one time 1109.23Extending credit to executive officers, directors, principal shareholders or to related interests 1109.24Extending credit to executive officer - reports 1109.25Bank's own stock as security or payment 1109.26Owning or holding real estate or stock acquired in satisfaction of debt 1109.31Real estate investments 1109.32Bonds, notes and other debt securities as investments 1109.33Investing in stock of federally chartered banks 1109.34Investing in securities of domestic insurance company 1109.35Investing in venture capital firms, small businesses and economic development corporations 1109.36Underwriting and dealing in guaranteed and acceptable debt securities 1109.39Additional stock investments 1109.40Additional authority for loans and investments 1109.43Investing in bankers' bank or holding company 1109.44Investing in bank subsidiary corporations and bank service corporations 1109.441Additional investment authority 1109.45Investing in clearing corporation 1109.47Limiting investing in one issuer 1109.48Investing in firms owned and controlled by minorities or women 1109.49Furnishing financial information to superintendent 1109.53Transactions with affiliates definitions 1109.54Conditions for engage in covered transaction with affiliate 1109.55Permitted transactions with affiliate 1109.56Rules for transactions with affiliates 1109.59Authority to borrow 1109.61Paying management and consulting fees 1109.62Selling insurance 1109.63Coin and bullion 1109.64Travel services 1109.65Tax certificate purchase 1109.68Using copying or reproduction processes 1109.69Record retention 1109.73Proceeding for partition 1109.75Securitization