Ohio § 1107.03
Full text of Ohio Ohio Revised Code § 1107.03, with citation guidance and answers to common questions.
§ 1107.03.
No state bank shall operate without adequate capital as determined by the superintendent
of financial institutions. In evaluating the adequacy of a state bank's capital, the superintendent may consider
any of the following: (A) The nature and volume of the bank's business; (B) The amount, nature, quality, and liquidity of the bank's assets; (C) The amount and nature of the bank's liabilities, including those that are not presently
due or are contingent; (D) The amount and nature of the bank's fixed costs; (E) The history of and prospects for the bank to earn and retain income; (F) The quality of the bank's operations, including risk management; (G) The quality of the bank's management; (H) The nature and quality of the bank's ownership; (I) Any other factor the superintendent finds to be relevant under the circumstances.
Frequently Asked Questions About Ohio § 1107.03
What does Ohio Revised Code § 1107.03 cover?
Section 1107.03 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 § 1107.03?
A common citation format is "Ohio Revised Code § 1107.03" (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 § 1107.03 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.