Ohio Rev. Code § 1107.13: Bank may purchase its own shares.
Where this section sits in the code
- Title 11 Banks-Savings and Loan Associations
- 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