Ohio Revised Code (Last Updated: January 27, 2016)

Section 1109.59. Authority to borrow

Latest version.

A bank may borrow money in any sum consistent with safety and soundness. Borrowing by means of the issuance of debt securities is subject to the approval of the superintendent of financial institutions in accordance with section 1107.05 of the Revised Code.

Effective Date: 01-01-1997

                    
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