Ohio § 1121.45
Full text of Ohio Ohio Revised Code § 1121.45, with citation guidance and answers to common questions.
§ 1121.45.
(A) The superintendent of financial institutions may call and convene a meeting with
the regulated persons the superintendent determines to be appropriate at a location
within this state and at a date and time established by the superintendent upon notice
served in accordance with section 1121.37 of the Revised Code . The regulated persons notified of the meeting shall attend the meeting unless excused
by the superintendent for reasonable cause at the superintendent's sole discretion. Failure of a regulated person to attend a meeting called and convened in accordance
with this division, unless excused by the superintendent, is grounds for suspending
or removing the regulated person from office or imposing civil penalties against the
regulated person. (B) If a quorum of the board of directors of a bank or an affiliate of a bank attends
a meeting called and convened by the superintendent pursuant to division (A) of this
section, they may convene a meeting of the board of directors to address matters related
to the superintendent's meeting, notwithstanding any contrary provision of the bank's
articles of incorporation, code of regulations, or bylaws related to notice of a board
of directors meeting. (C) The records of any meeting called and convened in accordance with division (A) of
this section and the discussions, information, and documentation presented at the
meeting are, in the possession of any person, confidential and privileged information
and shall not be disclosed except as provided in section 1121.18 of the Revised Code .
Frequently Asked Questions About Ohio § 1121.45
What does Ohio Revised Code § 1121.45 cover?
Section 1121.45 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 § 1121.45?
A common citation format is "Ohio Revised Code § 1121.45" (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 § 1121.45 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.