Ohio Statutes
§ 1109.39 — Additional stock investments
Ohio § 1109.39
This text of Ohio § 1109.39 (Additional stock investments) 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. § 1109.39 (2026).
Text
In addition to the specific investments authorized in this chapter, a state bank may also invest, in the aggregate, no more than ten per cent of its assets in the common or preferred stock, obligations, or other securities of any corporations, as authorized by the bank's board of directors.
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Legislative History
Effective: January 1, 2018 | Latest Legislation: House Bill 49 - 132nd General Assembly
Nearby Sections
15
§ 1109.02
Additional and incidental powers§ 1109.05
Deposit contracts§ 1109.11
Deposits entered as U.S. money§ 1109.15
Permitted transactions§ 1109.151
No fiduciary relationship created§ 1109.16
Standards for extensions of creditCite This Page — Counsel Stack
Bluebook (online)
Ohio § 1109.39, Counsel Stack Legal Research, https://law.counselstack.com/statute/oh/1109.39.