Ohio § 1109.36 Underwriting and dealing in guaranteed and acceptable debt securities

Ohio Statutes

§ 1109.36 — Underwriting and dealing in guaranteed and acceptable debt securities

Ohio § 1109.36

Title 11Banks-Savings and Loan Associations

Ch. 1109State Banks - Powers

This text of Ohio § 1109.36 (Underwriting and dealing in guaranteed and acceptable debt securities) is published on Counsel Stack Legal Research, covering Ohio primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Ohio Rev. Code Ann. § 1109.36 (2026).

Text

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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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.