Ohio § 1105.08
Full text of Ohio Ohio Revised Code § 1105.08, with citation guidance and answers to common questions.
§ 1105.08.
(A)(1) A state bank's board of directors shall meet monthly unless the bank's code of regulations
provides for a different frequency of meetings, which shall not be less than quarterly. (2) Division (A)(1) of this section does not prohibit either of the following: (a) A state bank's board of directors meeting more frequently than required by division
(A)(1) of this section or the bank's code of regulations; (b) The superintendent of financial institutions requiring a state bank's board of directors
to meet more frequently than required by division (A)(1) of this section or the bank's
code of regulations if the superintendent determines more frequent meetings are appropriate
because of circumstances regarding the bank. (B) Unless prohibited by the articles of incorporation, the code of regulations, or,
in the case of a committee of the board of directors, an order of the board of directors,
meetings of the board of directors or a committee of the board of directors may be
held in any manner permitted by the laws of this state, including by communications
equipment, if all persons participating can communicate with each of the others. Participation in a meeting in accordance with this division constitutes presence
at the meeting. (C) Minutes shall be kept of all meetings of a state bank's board of directors and of
any committees of the board of directors, and shall be recorded in a readable and
reproducible form and kept at the bank. The minutes shall show the action of the board of directors or any committee of
the board of directors on loans, discounts, and investments made or authorized. The minutes of all committees of the board of directors shall be submitted to the
board of directors for review at each meeting of the board of directors.
Frequently Asked Questions About Ohio § 1105.08
What does Ohio Revised Code § 1105.08 cover?
Section 1105.08 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 § 1105.08?
A common citation format is "Ohio Revised Code § 1105.08" (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 § 1105.08 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.