Ohio § 1121.16 Prohibited acts; violations

Ohio Statutes

§ 1121.16 — Prohibited acts; violations

Ohio § 1121.16

Title 11Banks-Savings and Loan Associations

Ch. 1121Banks - Superintendent's Powers

This text of Ohio § 1121.16 (Prohibited acts; violations) 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. § 1121.16 (2026).

Text

(A)No state bank, trust company, or regulated person shall do any of the following:

(1)Refuse to allow any examination authorized by section1121.10of the Revised Code;

(2)Refuse to give information required by the division of financial institutions in the course of or in relation to an examination authorized by section1121.10of the Revised Code;

(3)Provide false or misleading information in the course of or in relation to an examination authorized by section1121.10of the Revised Code, knowing it to be false or misleading.

(B)If a state bank, trust company, or regulated person violates division (A) of this section, the superintendent may do any of the following:

(1)Issue a cease and desist order pursuant to section1121.32of the Revised Code, issue a removal or prohibition order p

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(A) No state bank, trust company, or regulated person shall do any of the following:

(1) Refuse to allow any examination authorized by section1121.10of the Revised Code;

(2) Refuse to give information required by the division of financial institutions in the course of or in relation to an examination authorized by section1121.10of the Revised Code;

(3) Provide false or misleading information in the course of or in relation to an examination authorized by section1121.10of the Revised Code, knowing it to be false or misleading.

(B) If a state bank, trust company, or regulated person violates division (A) of this section, the superintendent may do any of the following:

(1) Issue a cease and desist order pursuant to section1121.32of the Revised Code, issue a removal or prohibition order pursuant to section1121.33of the Revised Code, issue a suspension or temporary prohibition order pursuant to section1121.34of the Revised Code, or assess a civil penalty pursuant to section1121.35of the Revised Code;

(2) Appoint a conservator for the state bank pursuant to section1125.09of the Revised Code;

(3) Initiate civil or criminal proceedings the superintendent considers appropriate.