Ohio § 5719.11
Full text of Ohio Ohio Revised Code § 5719.11, with citation guidance and answers to common questions.
§ 5719.11.
Taxes assessed on deposits in a financial institution shall be a lien on the deposit
of each person as of the day fixed by the tax commissioner for the listing of such
deposits. Taxes assessed on the shares of stock of an institution whose shares are withdrawable
and defined as deposits in sections 5725.01 to 5725.26 of the Revised Code , shall be a lien on such shares as of the day fixed. Every financial institution shall pay to the treasurer of state the taxes on the
amount of such deposits and withdrawable shares assessed in its name and any such
institution which fails to pay such taxes as provided in this section shall be liable,
as a penalty, for the gross amount of the taxes due on its deposits and withdrawable
shares assessed in its name, and for an additional amount of one hundred dollars for
every day of delay in the payment of such taxes.
Frequently Asked Questions About Ohio § 5719.11
What does Ohio Revised Code § 5719.11 cover?
Section 5719.11 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 § 5719.11?
A common citation format is "Ohio Revised Code § 5719.11" (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 § 5719.11 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.