Ohio § 1109.08
Full text of Ohio Ohio Revised Code § 1109.08, with citation guidance and answers to common questions.
§ 1109.08.
(A) A bank may provide safes, vaults, safe deposit boxes, night depositories, and other
secure receptacles for the uses, purposes, and benefits of its customers, on the terms
and conditions the bank prescribes. (B) A bank may, on the terms and conditions the bank prescribes, receive tangible property
and evidence of tangible or intangible property for safekeeping using any of the following: (1) The bank's safes, vaults, and other secure receptacles; (2) The safes, vaults, and other secure receptacles of another bank or of a safekeeping
agent or custodian that is qualified under rules adopted by the superintendent of
financial institutions; (3) The bank's own safekeeping system or the safekeeping system of another bank or of
a safekeeping agent or custodian that is qualified under rules adopted by the superintendent; (4) A recognized title or registration system, on the terms and conditions the bank prescribes. (C) Unless agreed to in writing by the bank, nothing in this section creates a bailment
between a customer and the bank.
Frequently Asked Questions About Ohio § 1109.08
What does Ohio Revised Code § 1109.08 cover?
Section 1109.08 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 § 1109.08?
A common citation format is "Ohio Revised Code § 1109.08" (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 § 1109.08 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.