{"data":{"id":"us-oh/ohio-rev.-code-1112.11","jurisdiction":"us-oh","citation":"Ohio Rev. Code § 1112.11","heading":"Limitation of powers before licensure.","body":"The existence of any licensed family trust company shall date from the filing of its articles of incorporation or articles of organization, from which time it shall have and may exercise the incidental powers conferred by law upon corporations or limited liability companies, as applicable. However, until it has obtained a license issued under this chapter, a family trust company shall not transact any business as a licensed family trust company, other than the election of officers, the taking and approving of their official bonds, the receipts of payment upon stock subscriptions, and other business incidental to its organization.","path":["Title 11 Banks-Savings and Loan Associations","Chapter 1112 Ohio Family Trust Company Act"],"source_url":"https://codes.ohio.gov/ohio-revised-code/section-1112.11","current_through":"2016-09-14 (House Bill 229 - 131st General Assembly)","vintage":"","retrieved_at":"2026-09-14T19:24:28Z","sha256":"db9b34b3ab5d5546bf00759edc0c62becafea1d75007a43be0f8d889b426964b","source_id":"us-oh","stale":false,"prev":"us-oh/ohio-rev.-code-1112.10","next":"us-oh/ohio-rev.-code-1112.12"},"notice":"GroundRules: Original legal text. Not legal advice."}