Ohio § 5.40
Full text of Ohio Ohio Revised Code § 5.40, with citation guidance and answers to common questions.
§ 5.40.
Any financial institution doing business in this state may outside of regular banking
hours on any day, or at any time on a day which is in whole or in part a holiday,
pay, certify, or accept negotiable or nonnegotiable instruments including a demand
instrument dated on the holiday on which it is presented for payment, certification,
or acceptance, and transact any other business which would be valid if done on a business
day during regular banking hours. This section does not affect any law relative to the time of maturity or presentment
of negotiable instruments or the validity of any law relative to transactions by persons
or corporations. This section does not require a financial institution which remains open for business
on all or a part of any holiday to perform any act on that day in its capacity as
collection agent which would not be required of it if it were closed on such holiday
or part holiday.
Frequently Asked Questions About Ohio § 5.40
What does Ohio Revised Code § 5.40 cover?
Section 5.40 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 § 5.40?
A common citation format is "Ohio Revised Code § 5.40" (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 § 5.40 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.