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Ohio · Through 2018-01-01 (House Bill 49 - 132nd General Assembly)

Ohio Rev. Code § 1107.13: Bank may purchase its own shares.

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Where this section sits in the code
  1. Title 11 Banks-Savings and Loan Associations
  2. Chapter 1107 State Banks - Capital And Securities

With the prior written approval of the superintendent of financial institutions, a stock state bank may purchase its own shares in accordance with section 1701.35 of the Revised Code.

(B) A stock state bank that acquires shares of its stock shall retire or dispose of the shares at the time and in the manner required by the superintendent.

Collected 2026-09-14T19:24:28Z. Source file · JSON

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