Ohio § 1111.26
Full text of Ohio Ohio Revised Code § 1111.26, with citation guidance and answers to common questions.
§ 1111.26.
(A) Any trust company is subject to all powers of, and remedies and sanctions available
to, the superintendent of financial institutions and the division of financial institutions
under Chapters 1101. to 1127. of the Revised Code, in addition to the specific powers,
remedies, and sanctions provided for in this chapter. (B)(1) With regard to a trust company that is not a bank doing business under authority
granted by the superintendent, “regulated person,” as used in division (B) of this
section, means a director, officer, employee, or controlling shareholder of or agent
for the trust company or a person who participates in the management of the trust
company, whether or not the person is assigned to an office of the trust company in
this state or specifically to the trust company's trust business in this state. (2) An order to cease and desist issued under section 1121.32 of the Revised Code , a removal or prohibition order issued under section 1121.33 of the Revised Code , or a suspension order issued under section 1121.34 of the Revised Code , which order is issued against a regulated person who is a regulated person because
of the person's relationship with a trust company doing trust business in this state
that is not a bank doing business under authority granted by the superintendent, does
not affect the relationship between the regulated person and the trust company except
as it relates to the conduct of the trust company's trust business in this state.
Frequently Asked Questions About Ohio § 1111.26
What does Ohio Revised Code § 1111.26 cover?
Section 1111.26 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 § 1111.26?
A common citation format is "Ohio Revised Code § 1111.26" (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 § 1111.26 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.