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2017 Ohio Revised Code
Title [11] XI FINANCIAL INSTITUTIONS
Chapter 1161 - SAVINGS BANKS - ORGANIZATION
Section 1161.17 - [Repealed Effective 1/1/2018] Quorum.
Universal Citation: Ohio Rev Code § 1161.17 (2017)
A majority of all directors of a savings bank is necessary to constitute a quorum for the transaction of business by its board of directors. Except as otherwise provided by law or in the constitution or bylaws of the savings bank, the acts of a majority of the directors who are present, at a meeting at which a quorum is present, are the acts of the board.
Repealed by 132nd General Assembly File No. TBD, HB 49, §130.23, eff. 1/1/2018.
Effective Date: 10-23-1991 .
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