Ohio Statutes

§ 1109.48 — Investing in firms owned and controlled by minorities or women

Ohio § 1109.48
JurisdictionOhio
Title 11Banks-Savings and Loan Associations
Ch. 1109State Banks - Powers

This text of Ohio § 1109.48 (Investing in firms owned and controlled by minorities or women) 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. § 1109.48 (2026).

Text

In exercising its investment authority, a state bank shall give equal consideration to investments that involve firms owned and controlled by minorities and firms owned and controlled by women, either alone or in joint venture with other firms, where the investments offer quality, return, and safety comparable to other investments currently available to the bank.

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Legislative History

Effective: January 1, 2018 | Latest Legislation: House Bill 49 - 132nd General Assembly

Nearby Sections

15
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Bluebook (online)
Ohio § 1109.48, Counsel Stack Legal Research, https://law.counselstack.com/statute/oh/1109.48.