Ohio § 1109.01
Full text of Ohio Ohio Revised Code § 1109.01, with citation guidance and answers to common questions.
§ 1109.01.
(A) A state bank may use, exercise, and enjoy all of the powers, rights, and privileges
of a corporation as set forth in section 1701.13 of the Revised Code , unless otherwise provided in its articles of incorporation and except as otherwise
expressly limited by Chapters 1101. to 1127. of the Revised Code. The powers authorized under this division include the power to receive any property
of any description, or any interest in property, by gift, devise, or bequest, and
to make donations for the public welfare or for charitable, scientific, or educational
purposes. (B) A state bank may perform all acts necessary to carry into effect the powers authorized
by Title XI of the Revised Code and the purposes for which the bank was created.
Frequently Asked Questions About Ohio § 1109.01
What does Ohio Revised Code § 1109.01 cover?
Section 1109.01 is part of the Ohio Revised Code, the codified statutory law of Ohio. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Ohio § 1109.01?
A common citation format is "Ohio Revised Code § 1109.01" (Ohio). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Ohio law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Ohio official source linked on this page or consult a licensed Ohio attorney.
How does Ohio § 1109.01 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Ohio can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Ohio.