2006 Ohio Revised Code - 1109.36. Underwriting and dealing in debt securities.
§ 1109.36. Underwriting and dealing in debt securities.
To the extent permitted by and subject to any limitations and restrictions the superintendent of financial institutions may impose, a bank may underwrite and deal in investments in the form of bonds, notes, debentures, or other debt securities that are any of the following:
(A) The direct obligation of or guaranteed by the United States;
(B) The direct obligation of or guaranteed by any state of the United States or any political subdivision of any state of the United States;
(C) Acceptable to the superintendent.
HISTORY: 146 v H 538. Eff 1-1-97.
Not analogous to former RC § 1109.36 (132 v S 137; 133 v H 1), repealed 146 v H 538, § 2, eff 1-1-97.
The effective date is set by section 10 of HB 538.
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