Ohio § 1109.441
Full text of Ohio Ohio Revised Code § 1109.441, with citation guidance and answers to common questions.
§ 1109.441.
Only for investments made under section 1109.44 of the Revised Code may a state bank invest in securities pursuant to section 1109.39 of the Revised Code or make investments pursuant to section 1109.40 of the Revised Code that result in any of the following: (A) The state bank, directly or indirectly, or acting through one or more other persons,
owning, controlling, or having the power to vote twenty-five per cent or more of any
class of voting securities of the company in which the investment is being made; (B) The state bank controlling in any manner the election of a majority of the directors
or trustees of the company in which the investment is being made; (C) As determined by the superintendent of financial institutions after notice and opportunity
for a hearing, the state bank directly or indirectly exercising a controlling influence
over the management or policies of the company in which the investment is being made.
Frequently Asked Questions About Ohio § 1109.441
What does Ohio Revised Code § 1109.441 cover?
Section 1109.441 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 § 1109.441?
A common citation format is "Ohio Revised Code § 1109.441" (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 § 1109.441 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.