| Underwriting and Dealing in Guaranteed and Acceptable Debt Securities.

  1. Law
  2. Ohio Revised Code
  3. | Banks-Savings and Loan Associations
  4. | State Banks - Powers
  5. | Underwriting and Dealing in Guaranteed and Acceptable Debt Securities.

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Effective: January 1, 2018

Latest Legislation: House Bill 49 - 132nd General Assembly

To the extent permitted by and subject to any limitations and restrictions the superintendent of financial institutions may impose, a state bank may underwrite and deal in investments in the form of bonds, notes, debentures, or other debt securities that are any of the following:

(A) The direct obligation of or guaranteed by the United States;

(B) The direct obligation of or guaranteed by any state of the United States or any political subdivision of any state of the United States;

(C) Acceptable to the superintendent.


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