Ohio Admin. Code 1301:1-3-12
Current through all regulations passed and filed through October 28, 2024
The limitation on investment in the securities of a single issuer imposed in division (A) of section 1109.47 of the Revised Code, which, in accordance with division (B)(1) of section 1109.47 the Revised Code, does not apply to a state bank's direct investment in the securities enumerated in divisions (A)(1) to (6) of section 1109.32 of the Revised Code, shall also not apply to a state bank's equity investment in an investment company or mutual fund the portfolio of which consists solely of securities enumerated in divisions (A)(1) to (6) of section 1109.32 of the Revised Code.
Ohio Admin. Code 1301:1-3-12
Five Year Review (FYR) Dates: 9/6/2019 and 11/22/2024
Promulgated Under: 119.03
Statutory Authority: 1121.03
Rule Amplifies: 1109.47
Prior Effective Dates: 12/29/1990, 02/18/2002