Ohio § 1181.01
Full text of Ohio Ohio Revised Code § 1181.01, with citation guidance and answers to common questions.
§ 1181.01.
The superintendent of financial institutions shall be the chief executive officer
of the division of financial institutions. (A) The superintendent shall have at least five years of experience in the financial
services industry or in the examination or regulation of financial institutions. (B) The superintendent shall appoint a deputy superintendent for banks, who shall possess
at least one of the following qualifications prior to the deputy superintendent's
appointment: (1) Not less than five years of experience as a senior level officer in a bank, savings
and loan association, or savings bank, a bank holding company, or a savings and loan
holding company or as a senior level manager or senior professional with a primary
business of, or professional focus on, auditing or providing professional advice to
such institutions; (2) Not less than five years of experience as a senior level supervisor in the examination
or regulation of banks, savings and loan associations, or savings banks; (3) Not less than a total of five years of experience in any combination of the positions
described in divisions (B)(1) and (2) of this section. (C) The superintendent shall appoint a deputy superintendent for credit unions, who shall
possess at least one of the following qualifications prior to the deputy superintendent's
appointment: (1) Not less than five years of experience as a senior level officer in a credit union
or as a senior level manager or senior professional with a primary business of, or
professional focus on, auditing or providing professional advice to credit unions; (2) Not less than five years of experience as a senior level supervisor in the examination
or regulation of credit unions; (3) Not less than a total of five years of experience in any combination of the positions
described in divisions (C)(1) and (2) of this section. (D) The superintendent shall appoint a deputy superintendent for consumer finance, who
shall possess at least one of the following qualifications prior to the deputy superintendent's
appointment: (1) Not less than five years of experience as an owner, officer, or senior level manager
of one or more consumer finance companies, as a senior level manager of a mortgage
banking affiliate of a bank, savings and loan association, savings bank, bank holding
company, or savings and loan holding company, or as a senior level manager or senior
professional with a primary business of, or professional focus on, auditing or providing
professional advice to consumer finance companies; (2) Not less than five years of experience as a senior level supervisor in the examination
or regulation of consumer finance companies; (3) Not less than a total of five years of experience in any combination of the positions
described in divisions (D)(1) and (2) of this section. (E) The deputy superintendents appointed by the superintendent of financial institutions
pursuant to this section shall serve in the unclassified civil service.
Frequently Asked Questions About Ohio § 1181.01
What does Ohio Revised Code § 1181.01 cover?
Section 1181.01 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 § 1181.01?
A common citation format is "Ohio Revised Code § 1181.01" (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 § 1181.01 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.