Ohio § 1111.02
Full text of Ohio Ohio Revised Code § 1111.02, with citation guidance and answers to common questions.
§ 1111.02.
(A) Except as provided in division (B) of this section, no person shall solicit or engage
in trust business in this state except a corporation that is one of the following: (1) A corporation licensed under section 1111.06 of the Revised Code that is one of the following: (a) A state bank; (b) A bank authorized to accept and execute trusts and doing business under authority
granted by the bank chartering authority of another state or country; (c) A corporation organized under the laws of another state or country and authorized
to accept and execute trusts in that state or country. (2) A national bank or federal savings association authorized to accept and execute trusts
and doing business under authority granted by the office of the comptroller of the
currency. (B) This chapter shall not apply to a corporation that is incorporated under the laws
of another state or the United States, has its principal place of business in another
state, is currently qualified to do and is engaging in trust business in the state
where the corporation has its principal place of business, and is doing any of the
following: (1) Serving as ancillary executor or administrator of property in this state that is
in the estate of a decedent, after appointment as executor or administrator of the
estate by the courts of the decedent's state of residence; (2) As trustee, acquiring, holding, or transferring a security interest in lands or other
property in this state, by mortgage, deed of trust, or other instrument, to secure
any evidence of indebtedness; (3) Certifying to any evidence of indebtedness.
Frequently Asked Questions About Ohio § 1111.02
What does Ohio Revised Code § 1111.02 cover?
Section 1111.02 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 § 1111.02?
A common citation format is "Ohio Revised Code § 1111.02" (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 § 1111.02 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.