2006 Ohio Revised Code - 1121.03. Superintendent may adopt rules and standards; administrative guidelines.
§ 1121.03. Superintendent may adopt rules and standards; administrative guidelines.
(A) The superintendent of financial institutions may adopt rules and standards to carry out the provisions of Chapters 1101. to 1127. of the Revised Code. No rule or standard adopted by the superintendent pursuant to this authority shall conflict with, abridge, or supersede any provision of the Revised Code unless the conflict, abridgement, or supersession is expressly authorized. The rules and standards shall be adopted pursuant to Chapter 119. of the Revised Code.
(B) The superintendent may issue administrative guidelines to interpret or explain the provisions of
Chapters 1101. to 1127. of the Revised Code and to identify, define, or provide examples of acts, practices, or circumstances the superintendent considers to be unsafe or unsound practices or to constitute participation in or consent to violations of
Chapters 1101. to 1127. of the Revised Code.
HISTORY: 146 v H 538. Eff 1-1-97.
Not analogous to former RC § 1121.03 (132 v S 97), repealed 146 v H 538, § 2, eff 1-1-97.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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