Ohio § 1114.07
Full text of Ohio Ohio Revised Code § 1114.07, with citation guidance and answers to common questions.
§ 1114.07.
(A) The superintendent of financial institutions shall issue a certificate of authority
to commence business if both of the following conditions are met: (1) The superintendent is satisfied, based upon the examination conducted pursuant to section 1114.06 of the Revised Code and any other facts within the knowledge of the superintendent, that the mutual state
bank is otherwise entitled to commence business. (2) The superintendent has received from the federal deposit insurance corporation written
confirmation that it has approved the bank's application to become an insured bank
as defined in section 3(h) of the “Federal Deposit Insurance Act,” 92 Stat. 614 (1978), 12 U.S.C. 1813(h) , as amended. (B) The mutual state bank shall cause the certificate of authority to commence business
to be published once a week for two consecutive weeks in a newspaper of general circulation
in the county where the bank's initial banking office is located.
Frequently Asked Questions About Ohio § 1114.07
What does Ohio Revised Code § 1114.07 cover?
Section 1114.07 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 § 1114.07?
A common citation format is "Ohio Revised Code § 1114.07" (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 § 1114.07 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.