Ohio Rev. Code § 1109.61: Paying management and consulting fees.
Where this section sits in the code
- Title 11 Banks-Savings and Loan Associations
- Chapter 1109 State Banks - Powers
No state bank shall contract to pay, or pay to any person, any fees for management or consulting services, including fees for legal, accounting, brokerage, or other similar professional services, that do not have a direct relationship to the value of the services rendered or to be rendered, based on reasonable costs consistent with current market values for services of the kind contracted for.
Collected 2026-09-14T19:24:28Z. Source file · JSON