Ohio § 1116.07
Full text of Ohio Ohio Revised Code § 1116.07, with citation guidance and answers to common questions.
§ 1116.07.
Each reorganization plan submitted with a mutual holding company reorganization application
shall contain a description of all significant terms of the proposed reorganization
and include all of the following: (A) Any proposed stock issuance plan; (B) An opinion of counsel, or a ruling from the United States internal revenue service
and the Ohio department of taxation, as to the federal and state tax treatment of
the proposed reorganization; (C) A copy of the articles of incorporation and code of regulations of the proposed mutual
holding company, the resulting stock state bank, and any affiliate organizations in
the holding company structure; (D) A description of the method of reorganization under this chapter; (E) A statement that, upon consummation of the reorganization, certain assets and liabilities,
including all deposit accounts of the reorganizing mutual state bank, shall be transferred
to the resulting stock state bank, which bank shall immediately become a stock state
bank subsidiary of the mutual holding company or subsidiary holding company; (F) A summary of the expenses to be incurred in connection with the reorganization; (G) Any other information required by the superintendent of financial institutions.
Frequently Asked Questions About Ohio § 1116.07
What does Ohio Revised Code § 1116.07 cover?
Section 1116.07 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 § 1116.07?
A common citation format is "Ohio Revised Code § 1116.07" (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 § 1116.07 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.