Ohio § 1114.02 Formation; application for incorporation

Ohio Statutes

§ 1114.02 — Formation; application for incorporation

Ohio § 1114.02

Title 11Banks-Savings and Loan Associations

Ch. 1114Mutual State Banks

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Bluebook

Ohio Rev. Code Ann. § 1114.02 (2026).

Text

(A)Five or more natural persons, at least one of whom is a resident of this state, may, with the approval of the superintendent of financial institutions, incorporate a mutual state bank.

(B)The persons proposing to incorporate a mutual state bank shall apply for approval to incorporate the bank by submitting the application prescribed by the superintendent, which application shall include all of the following:

(1)The proposed articles of incorporation and code of regulations;

(2)An application for reservation of a name in accordance with section1103.07of the Revised Code, if reservation is desired by the incorporators and has not been previously filed;

(3)The location and a description of the proposed initial banking office;

(4)Information to demonstrate the proposed bank will

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(A) Five or more natural persons, at least one of whom is a resident of this state, may, with the approval of the superintendent of financial institutions, incorporate a mutual state bank.

(B) The persons proposing to incorporate a mutual state bank shall apply for approval to incorporate the bank by submitting the application prescribed by the superintendent, which application shall include all of the following:

(1) The proposed articles of incorporation and code of regulations;

(2) An application for reservation of a name in accordance with section1103.07of the Revised Code, if reservation is desired by the incorporators and has not been previously filed;

(3) The location and a description of the proposed initial banking office;

(4) Information to demonstrate the proposed bank will satisfy the requirements of division (C) of section1114.03and any other provision of the Revised Code identified by the superintendent;

(5) Any other information the superintendent requires.