Ohio § 1123.02
Full text of Ohio Ohio Revised Code § 1123.02, with citation guidance and answers to common questions.
§ 1123.02.
(A) The banking commission shall hold regular meetings at the times and places it fixes,
and shall meet at any time on call of the deputy superintendent for banks upon two
days' notice unless the commission by resolution provides for a shorter notice. (B) A majority of the full commission constitutes a quorum, and action taken by a majority
of those present at a meeting at which there is a quorum constitutes the action of
the commission. (C) No member shall participate before the commission in a proceeding involving any bank
of which the member is, or was at any time in the preceding twelve months, a member
of the board of directors, an officer, an employee, or a shareholder. A member may refrain from participating in a proceeding before the commission for
any other cause the member considers sufficient. (D) The commission may, by a majority vote of those present at a meeting at which there
is a quorum, adopt and amend bylaws and rules the commission, in its judgment, considers
necessary and proper. The commission shall select one of its members as secretary, who shall keep a record
of all its proceedings.
Frequently Asked Questions About Ohio § 1123.02
What does Ohio Revised Code § 1123.02 cover?
Section 1123.02 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 § 1123.02?
A common citation format is "Ohio Revised Code § 1123.02" (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 § 1123.02 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.