Ohio Rev. Code § 1109.39

Current with legislation from 2024 received as of August 15, 2024.
Section 1109.39 - Additional stock investments

In addition to the specific investments authorized in this chapter, a state bank may also invest, in the aggregate, no more than ten per cent of its assets in the common or preferred stock, obligations, or other securities of any corporations, as authorized by the bank's board of directors.

R.C. § 1109.39

Amended by 132nd General Assembly, HB 49,§130.21, eff. 1/1/2018.
Effective Date: 1/1/1997 .