Ohio Rev. Code § 1109.36

Current with legislation from 2024 received as of August 15, 2024.

Section 1109.36 - Underwriting and dealing in guaranteed and acceptable debt securities

To the extent permitted by and subject to any limitations and restrictions the superintendent of financial institutions may impose, a state 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.

R.C. § 1109.36

Amended by 132nd General Assembly, HB 49,§130.21, eff. 1/1/2018.

Effective Date: 1/1/1997 .