2013 Ohio Revised Code
Title [11] XI FINANCIAL INSTITUTIONS
Chapter 1109 - BANKS - POWERS.
Section 1109.59 - Authority to borrow.


Ohio Rev Code § 1109.59 (2013) What's This?

A bank may borrow money in any sum consistent with safety and soundness. Borrowing by means of the issuance of debt securities is subject to the approval of the superintendent of financial institutions in accordance with section 1107.05 of the Revised Code.

Effective Date: 01-01-1997

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