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2011 Ohio Revised Code
Title [11] XI FINANCIAL INSTITUTIONS
Chapter 1109: BANKS - POWERS
1109.36 Underwriting and dealing in guaranteed and acceptable debt securities.
Universal Citation:
OH Rev Code § 1109.36
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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.
Effective Date: 01-01-1997
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