Ohio § 1116.02
Full text of Ohio Ohio Revised Code § 1116.02, with citation guidance and answers to common questions.
§ 1116.02.
(A) A mutual holding company and any subsidiary of a mutual holding company shall be
created, organized, and governed, and its business shall be conducted, in all respects
in the same manner as is provided under Chapter 1701. of the Revised Code, for corporations
generally, to the extent that it is not inconsistent with this chapter, Chapters 1101.
to 1115., and Chapters 1117. to 1127. of the Revised Code or the rules adopted under
those chapters. (B) A mutual holding company and any subsidiary of a mutual holding company organized
under this chapter is subject to all powers, remedies, and sanctions provided to the
superintendent of financial institutions and the division of financial institutions
by Chapters 1101. to 1127. of the Revised Code. (C) Notwithstanding division (A) of this section, a nonbank subsidiary of a mutual holding
company may be organized under the general corporate laws of another state of the
United States.
Frequently Asked Questions About Ohio § 1116.02
What does Ohio Revised Code § 1116.02 cover?
Section 1116.02 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 § 1116.02?
A common citation format is "Ohio Revised Code § 1116.02" (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 § 1116.02 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.