Effective: January 1, 2018 Latest Legislation: House Bill 49 – 132nd General Assembly 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. […]
Effective: January 1, 2018 Latest Legislation: House Bill 49 – 132nd General Assembly The superintendent of financial institutions may appoint and employ such assistants, clerks, examiners, and other employees, and such professionals and agents, as the prompt execution of the duties of the superintendent’s office requires, and may employ attorney examiners if the superintendent considers […]
Effective: January 1, 2018 Latest Legislation: House Bill 49 – 132nd General Assembly (A) Before entering upon the discharge of the duties of the office of the superintendent of financial institutions, the superintendent shall give bond to the state in the sum of one million dollars with sureties approved by the governor and conditioned on […]
Effective: January 1, 2018 Latest Legislation: House Bill 49 – 132nd General Assembly Neither the superintendent of financial institutions nor any employee, agent, or contractor of the division of financial institutions shall be liable in any civil, criminal, or administrative proceeding for any mistake of judgment or discretion in any action taken, or any omission […]
Effective: January 1, 2018 Latest Legislation: House Bill 49 – 132nd General Assembly (A) As used in this section, “consumer finance company” means any person required to be licensed or registered under Chapter 1321., 1322., 4712., 4727., or 4728. or sections 1315.21 to 1315.30 of the Revised Code. (B) Neither the superintendent of financial institutions […]
Effective: September 30, 2021 Latest Legislation: House Bill 110 – 134th General Assembly There is hereby created in the state treasury the financial institutions fund. The fund shall receive assessments on the banks fund established under section 1121.30 of the Revised Code, the credit unions fund established under section 1733.321 of the Revised Code, and […]
Effective: January 1, 2018 Latest Legislation: House Bill 49 – 132nd General Assembly The state shall furnish the superintendent of financial institutions suitable facilities for conducting the business of the superintendent’s office at the seat of government and in any other location within the state where it is necessary to keep a resident examiner.
Effective: March 20, 2019 Latest Legislation: House Bill 489 – 132nd General Assembly (A) In addition to the specific authority given the superintendent of financial institutions by other provisions of the Revised Code, the superintendent may from time to time adopt such rules as the superintendent considers necessary or appropriate for the administration of the […]
Effective: September 26, 1996 Latest Legislation: Senate Bill 293 – 121st General Assembly At the conclusion of each fiscal year, the superintendent of financial institutions shall prepare a report on the operation of the division of financial institutions for that year. In conjunction with that report the superintendent shall also prepare a summary of the […]
Effective: January 1, 2018 Latest Legislation: House Bill 49 – 132nd General Assembly The seal of the superintendent of financial institutions shall be surrounded by the words: “The superintendent of financial institutions of the state of Ohio.” The seal shall have engraved on it the coat of arms of the state, as described in section […]
Effective: January 1, 2018 Latest Legislation: House Bill 49 – 132nd General Assembly Copies of all certificates, records, and papers in the office of the superintendent of financial institutions, including the records of the banking commission, the former savings and loan associations and savings banks board, and the credit union council, duly certified by the […]
Effective: January 1, 2018 Latest Legislation: House Bill 199, House Bill 49 – 132nd General Assembly (A) As used in this section, “consumer finance company” has the same meaning as in section 1181.05 of the Revised Code. (B) The superintendent of financial institutions shall see that the laws relating to consumer finance companies are executed […]
Effective: October 17, 2019 Latest Legislation: House Bill 166 – 133rd General Assembly (A) The superintendent of financial institutions may require persons licensed or registered by the division of financial institutions to participate in a multistate licensing system. (B)(1) If the superintendent requires use of a multistate licensing system, the superintendent may establish, by rule, […]
Effective: March 23, 2018 Latest Legislation: House Bill 199, House Bill 49 – 132nd General Assembly (A) Notwithstanding sections 1121.18, 1315.122, 1321.09, 1321.48, 1321.55, 1321.76, 1322.34, 1322.36, 1733.32, 1733.327, and 4727.18 of the Revised Code, the superintendent of financial institutions may, in the superintendent’s discretion, introduce into evidence or disclose, or authorize to be introduced […]
