Ohio Statutes
§ 1109.61 — Paying management and consulting fees
Ohio § 1109.61
This text of Ohio § 1109.61 (Paying management and consulting fees) 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. § 1109.61 (2026).
Text
No state bank shall contract to pay, or pay to any person, any fees for management or consulting services, including fees for legal, accounting, brokerage, or other similar professional services, that do not have a direct relationship to the value of the services rendered or to be rendered, based on reasonable costs consistent with current market values for services of the kind contracted for.
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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 § 1109.61, Counsel Stack Legal Research, https://law.counselstack.com/statute/oh/1109.61.