2013 Ohio Revised Code
Title [11] XI FINANCIAL INSTITUTIONS
Chapter 1109 - BANKS - POWERS.
Section 1109.39 - Additional stock investments.


Ohio Rev Code § 1109.39 (2013) What's This?

In addition to the specific investments authorized in this chapter, a bank may also invest, in the aggregate, no more than ten per cent of its assets in the common or preferred stock, obligations, or other securities of any corporations, as authorized by the bank's board of directors.

Effective Date: 01-01-1997

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