Section 1115.01 | Converting State Stock Bank Into National.
Effective: January 1, 2018 Latest Legislation: House Bill 49 – 132nd General Assembly (A)(1) A stock state bank may do any of the following: (a) Convert into a national bank or a federal savings association if the conversion is approved by both the office of the comptroller of the currency and the affirmative vote or […]
Section 1115.02 | Conversion of National or Other Institution Into State Stock Bank.
Effective: January 1, 2018 Latest Legislation: House Bill 49 – 132nd General Assembly A national bank, a bank doing business under authority granted by the bank regulatory authority of another state, a savings association, a savings bank, or a state or federally chartered credit union may, with the approval of the superintendent of financial institutions, […]
Section 1115.03 | Conversion of Mutual State Banks and Stock State Banks.
Effective: January 1, 2018 Latest Legislation: House Bill 49 – 132nd General Assembly (A)(1) A mutual state bank may convert into a stock state bank if the conversion is approved by the superintendent of financial institutions, the affirmative vote of two-thirds of the mutual state bank’s board of directors, and the affirmative vote of two-thirds […]
Section 1115.05 | Acquisitions.
Effective: September 1, 2021 Latest Legislation: House Bill 133 – 134th General Assembly (A) As used in this section: (1) “Acquire” or “acquisition” means any of the following transactions or actions: (a) A merger or consolidation with, or purchase of assets from, a bank holding company that has acquired an Ohio bank; (b) The acquisition […]